The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if they can’t prove they were eligible for a loan. Get the Full Story Complete the form to unlock this article...
The rollout of the Paycheck Protection Program (PPP) aimed at small- to medium-sized businesses (SMBs) has, by any account, been a wild ride to date. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The House of Representatives on Thursday (April 23) passed a $484 billion bill for more financial aid for small- to medium-sized businesses (SMBs) and others amid the coronavirus pandemic, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article...
Some small businesses that received forgivable loans under the Paycheck Protection Program (PPP) say they won’t be able to rehire every employee laid off during the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The biggest benefactor of the Paycheck Protection Program (PPP) is a Dallas, Texas-based hotelier named Monty Bennett, who has received $59 million from the program intended to help small or medium-sized businesses with the economic crisis. Get the Full Story Complete the form to unlock...
Trevor Milton, the CEO and founder of Nikola Motor Company, is defending his company’s receipt of $4.1 million from the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP), according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.S. small businesses have been waiting on pins and needles for Capitol Hill to determine the future of the Paycheck Protection Program (PPP), and now they’ve gotten their answer. The Senate has voted by unanimous consent to allocate another $484 billion in an interim relief...
While the Payment Protection Program (PPP) was aimed in part at mom-and-pop businesses – and is run through the Small Business Administration (SBA) – it has come under fire for making loans to larger corporations. Get the Full Story Complete the form to unlock this...
The Senate has passed a new $484 billion coronavirus relief package, including more than $300 billion in additional funds for the Paycheck Protection Program (PPP) designed to bail out small- and medium-sized businesses (SMBs), according to CNBC. Get the Full Story Complete the form to unlock...
