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

LA Lakers Return PPP Loan
LA Lakers Return PPP Loan
April 27, 2020  |  Loans

As the U.S. Treasury rolled out its latest Paycheck Protection Program (PPP) funding to rescue small- to medium-sized businesses (SMBs), the Los Angeles Lakers returned...

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Senators Call For Guaranteed PPP Loans For Small Businesses
Senators Call For Guaranteed PPP Loans For Small Businesses
April 27, 2020  |  Loans

U.S. Senator Amy Klobuchar (D-Minnesota) and 21 of her Senate colleagues are urging the U.S. Treasury and the Small Business Administration (SBA) to make sure...

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Today In Payments: Amazon Trials Video Onboarding For New Merchants; Hospitals Face Cash Crunch
Today In Payments: Amazon Trials Video Onboarding For New Merchants; Hospitals Face Cash Crunch
April 27, 2020  |  News

In today’s top news, Amazon is trialing video onboarding calls to prevent merchant fraud, and hospitals face major financial hardship amid the coronavirus pandemic. Plus,...

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SBA Site Slammed As SMB Loan Program Relaunches
SBA Site Slammed As SMB Loan Program Relaunches
April 27, 2020  |  Loans

It didn’t take long for the Small Business Administration (SBA) to become overwhelmed by a deluge of applicants for the latest round of Paycheck Protection...

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Next Round Of $1,200 IRS Stimulus Checks To Go Out Soon
Next Round Of $1,200 IRS Stimulus Checks To Go Out Soon
April 27, 2020  |  Loans

The latest round of checks under the massive U.S. stimulus program is set to go out in the next few days. Get the Full Story...

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The Balancing Act Between PPP’s Letter And Spirit Of The ‘Law’
The Balancing Act Between PPP’s Letter And Spirit Of The ‘Law’
April 27, 2020  |  Loans

In all manner of life – especially corporate life – where there are rules and legislation, there are paths to follow the spirit and the...

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Second Round Of PPP SBA Loans Now Available
Second Round Of PPP SBA Loans Now Available
April 27, 2020  |  Loans

The race is on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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BoA CEO Says All PPP Applications Should Be Funded
BoA CEO Says All PPP Applications Should Be Funded
April 26, 2020  |  Loans

As the Paycheck Prevention Program (PPP) reopens on Monday (April 27) with $310 billion, Bank of America (BoA) chief executive officer (CEO) Brian Moynihan said...

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Mnuchin: Relief Efforts Now Should Show Results In Summer
Mnuchin: Relief Efforts Now Should Show Results In Summer
April 26, 2020  |  Coronavirus

Treasury Secretary Steve Mnuchin remains in good spirits over the U.S.’s economic future as summer approaches, saying the financial aid efforts thus far should help...

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