SBA

SBA Revises Guidance On PPP Loan Forgiveness
SBA Revises Guidance On PPP Loan Forgiveness
May 13, 2020  |  Loans

The Paycheck Protection Program (PPP) has been nothing if not fluid. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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$120B Still Available As Appetite For PPP Loans Slows
$120B Still Available As Appetite For PPP Loans Slows
May 12, 2020  |  Loans

The small business Paycheck Protection Program (PPP) still has $120 billion available as the appetite for the forgivable loans slows down, according to recent Small...

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Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom To Test June IPO
Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom...
May 11, 2020  |  News

In today’s top news, Mastercard vows to connect 1 billion people to the digital economy by 2025, and Vroom is looking at filing an initial...

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Deadline Looms For Five Firms To Return PPP Loans
Deadline Looms For Five Firms To Return PPP Loans
May 11, 2020  |  Loans

Five publicly traded companies have until midnight on Monday (May 11) to return their Payroll Protection Program (PPP) loans or explain why they should be...

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Report Says SBA Erred In Providing PPP Loan Guidance
Report Says SBA Erred In Providing PPP Loan Guidance
May 08, 2020  |  Loans

A new report says the Small Business Administration (SBA) failed to follow several congressional mandates in implementing a loan program designed to aid businesses during...

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PPP Program Still Has $125B Left
PPP Program Still Has $125B Left
May 08, 2020  |  Loans

President Donald Trump and Congress wasted no time refilling the Paycheck Protection Program’s (PPP) coffers after the popular loan initiative ran out of cash in...

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Why SMBs Are Suddenly Reluctant To Apply For The SBA’s PPP Loan Program
Why SMBs Are Suddenly Reluctant To Apply For The SBA’s PPP Loan Program
May 08, 2020  |  Loans

The Paycheck Protection Program (PPP) is going back to court, this time over the new guidance handed out by the federal government on April 29...

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Will PPP’s Lack Of Clarity Fail To Protect SMBs And Paychecks?
Will PPP’s Lack Of Clarity Fail To Protect SMBs And Paychecks?
May 08, 2020  |  Commentary

During last week’s On The Agenda discussion of the many twists and turns that now characterize the PPP program, Karen Webster, Planters First Bancorp CEO Dan Speight, Ingo Money CEO...

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SBA Shuts Door On SMB Disaster Loans
SBA Shuts Door On SMB Disaster Loans
May 07, 2020  |  Loans

Without any public notice, a federal business disaster loan program has been capped at $150,000 and limited to farmers and agriculture businesses, according to The...

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