Paycheck Protection Program

Alternatives Federal Credit Union On How Credit Solutions Provide Financial Lifelines
Alternatives Federal Credit Union On How Credit Solutions Provide Financial Lifelines
September 28, 2020  |  Credit Unions

More consumers are looking to access loans during the pandemic, but some lack the credit histories needed to obtain them. Credit unions can step up,...

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Report: Not One PPP Loan Has Been Forgiven
Report: Not One PPP Loan Has Been Forgiven
September 27, 2020  |  Loans

More than 5 million small- to medium-sized businesses (SMBs) received $525 billion from the Paycheck Protection Program (PPP), the popular federal rescue initiative passed by...

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Banks, SMBs Push For Simplified PPP Loan Forgiveness
Banks, SMBs Push For Simplified PPP Loan Forgiveness
September 24, 2020  |  Loans

Small- to medium-sized businesses (SMBs) are reporting difficulty with the forgiveness aspect of the Paycheck Protection Program (PPP) as that feature opens up, according to...

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AICPA, Biz2Credit Launch PPP Portal For CPAs To Help SMBs
AICPA, Biz2Credit Launch PPP Portal For CPAs To Help SMBs
September 24, 2020  |  B2B Payments

To help certified public accountant (CPA) firms advising small- to medium-sized businesses (SMBs) on Paycheck Protection Program (PPP) forgiveness and additional financing choices, the American...

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Deep Dive: Why Instant Payments Will Prove Essential To The Future Of Microbusinesses
Deep Dive: Why Instant Payments Will Prove Essential To The Future Of Microbusinesses
September 21, 2020  |  Disbursements

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Cash Flow Is Still King: Why Microbusinesses Are Turning To Instant Disbursements
Cash Flow Is Still King: Why Microbusinesses Are Turning To Instant Disbursements
September 18, 2020  |  Disbursements

Surviving the pandemic’s economic uncertainties means paying vendors on time without fail. In the latest Disbursements Tracker, Caleb Benoit, founder of coffee wholesale and retail...

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DOJ: 57 People Charged With Alleged PPP Fraud As Of May
DOJ: 57 People Charged With Alleged PPP Fraud As Of May
September 10, 2020  |  Security & Fraud

Fifty-seven people have been charged by the U.S. Department of Justice (DOJ) as of May for attempting to misappropriate over $175 million from the Paycheck...

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Second Stimulus Check Not In GOP’s Pared-Down Package
Second Stimulus Check Not In GOP’s Pared-Down Package
September 09, 2020  |  Economy

Republicans unveiled a $500 billion stimulus package on Tuesday (Sept. 8) that includes another round of Paycheck Protection Program (PPP) forgivable loans for small businesses,...

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JPMC CEO: Some Employees Have ‘Fallen Short’ As Bank Investigates Stimulus Violations
JPMC CEO: Some Employees Have ‘Fallen Short’ As Bank Investigates Stimulus Violations
September 08, 2020  |  Loans

JPMorgan Chase employees returned to work following the Labor Day weekend Tuesday (Sept. 8) to discover a company email accusing some of them of potentially...

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