PPP

The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for their payroll and certain other costs.

Source: en.wikipedia.org

Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds

Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds
Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds
May 19, 2020  |  Loans

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will testify remotely before the Senate on Tuesday (May 19) regarding the disbursement of coronavirus...

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Restaurant Execs Ask Trump For PPP Modifications
Restaurant Execs Ask Trump For PPP Modifications
May 19, 2020  |  Loans

At a roundtable event with restaurant executives on Monday (May 18), several executives put forward a request to President Donald Trump and cabinet officials to...

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Today In Payments: Grubhub Says No Deal, But Negotiations Continue; SoftBank Posts $18B Loss As Jack Ma Exits Board
Today In Payments: Grubhub Says No Deal, But Negotiations Continue; SoftBank Posts $18B Loss As...
May 18, 2020  |  News

In today’s top news, Grubhub says “no deal” to Uber, but negotiations continue. Meanwhile, SoftBank posts $18 billion in losses after Jack Ma resigns, and...

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Enlisting AI And Biometrics In The Fight Against Digital Identity Theft
Enlisting AI And Biometrics In The Fight Against Digital Identity Theft
May 18, 2020  |  Authentication

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SMBs Could Get More Flexibility To Use PPP Loans 
SMBs Could Get More Flexibility To Use PPP Loans 
May 17, 2020  |  Loans

The rules surrounding small business loans from the Paycheck Protection Program (PPP) are being overhauled as demand cools and small and medium-sized business (SMBs) owners...

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Public Companies Have Returned Nearly A Third of PPP Loan Money
Public Companies Have Returned Nearly A Third of PPP Loan Money
May 15, 2020  |  Loans

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Saving Main Street: Alliance Stands Up For SMB Policies
Saving Main Street: Alliance Stands Up For SMB Policies
May 15, 2020  |  Retail

If anyone is on the front lines of Main Street’s struggle to survive, it’s Amanda Ballantyne. As the executive director of the Main Street Alliance,...

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Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits
Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits
May 14, 2020  |  Loans

Cutera, a California-based beauty device maker, was among the recipients of the Paycheck Protection Program (PPP) despite being worth $26.7 million in stock sales just...

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Looking Beyond The Biggest Banks For SMB Relief
Looking Beyond The Biggest Banks For SMB Relief
May 14, 2020  |  B2B Payments

The Paycheck Protection Program (PPP) has dealt some difficult lessons, even to the largest Main Street lenders, as financiers struggle to meet demand, seamlessly process...

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