Paycheck Protection Program

Demand For PPP Loans Evaporates; $150B Still Available
Demand For PPP Loans Evaporates; $150B Still Available
May 26, 2020  |  Loans

When the first round of forgivable Paycheck Protection Program (PPP) loans became available April 3, the funds ran out within days. When the second round...

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PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers
PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers
May 22, 2020  |  Loans

The self-employed might regret getting one of the Paycheck Protection Program (PPP) loans from the Small Business Administration (SBA). Get the Full Story Complete the...

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Senate Bill Would Double Time For PPP Loans
Senate Bill Would Double Time For PPP Loans
May 21, 2020  |  Loans

The U.S. Senate is on track to pass legislation that would double the time small- to medium-sized businesses (SMBs) have to use Paycheck Protection Program...

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Deep Dive: Pandemic-Related Budget Concerns Push BNPL Growth
Deep Dive: Pandemic-Related Budget Concerns Push BNPL Growth
May 21, 2020  |  Buy Now Pay Later

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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How PNC Is Fighting Pandemic-Fueled Financial Crime
How PNC Is Fighting Pandemic-Fueled Financial Crime
May 21, 2020  |  Fraud Prevention

Financial crime is a never-ending concern for banks, credit unions (CUs) and other financial institutions (FIs), with trillions of dollars and untold terabytes of personal...

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House Expected To Approve PPP Changes
House Expected To Approve PPP Changes
May 20, 2020  |  Loans

A bipartisan proposal to improve the terms of the Small Business Administration’s Paycheck Protection Program (PPP) is expected to face a House vote next week....

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Today In Payments: New Facebook Shops Feature Launched; Pelosi, House Look To Overhaul SMB PPP Loans
Today In Payments: New Facebook Shops Feature Launched; Pelosi, House Look To Overhaul SMB PPP...
May 20, 2020  |  News

In today’s top news, Facebook has launched Facebook Shops for small and medium-sized businesses (SMBs) to list their merchandise, and Speaker Nancy Pelosi and the...

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Pelosi, House Look To Overhaul SMB PPP Relief Loans
Pelosi, House Look To Overhaul SMB PPP Relief Loans
May 20, 2020  |  Loans

Businesses struggling to stay afloat amid the coronavirus pandemic but shut out of stimulus programs could see renewed relief as Speaker Nancy Pelosi (D-Calif.) and...

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DOJ: Texas Man Allegedly Claimed Employees To Net $5M In PPP Funds
DOJ: Texas Man Allegedly Claimed Employees To Net $5M In PPP Funds
May 19, 2020  |  Security & Fraud

A Texas man is facing charges of filing fraudulent loan applications seeking more than $5 million in forgivable loans from the Small Business Administration’s (SBA)...

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