small business

SBA Still Clearing Up PPP Loan Confusion
SBA Still Clearing Up PPP Loan Confusion
May 06, 2020  |  Loans

It’s a fact that it’s a lot of money, but disbursing hundreds of billions of dollars for the Payroll Protection Program (PPP) has been overly...

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NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
May 06, 2020  |  Loans

The Paycheck Protection Program (PPP) was intended to extend forgivable loans to businesses struggling to pay workers and stay afloat amid the coronavirus pandemic. Instead,...

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COVID Report: Organizing A Recovery
COVID Report: Organizing A Recovery
May 06, 2020  |  Economy

Making history many times over, the U.S. government passed $3 trillion as a life-support effort for American businesses, with a focus on preserving the nation’s...

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SEC Offers SMB COVID-19 Relief With Temporary Crowdfunding Rules
SEC Offers SMB COVID-19 Relief With Temporary Crowdfunding Rules
May 05, 2020  |  B2B Payments

To allow for faster crowdfunding offerings, the U.S. Securities and Exchange Commission (SEC) unveiled temporary, conditional relief for “established smaller companies” impacted by COVID-19. The...

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Would-Be PPP SMBs Skip The Funding Over Audit Fears
Would-Be PPP SMBs Skip The Funding Over Audit Fears
May 01, 2020  |  Coronavirus

Before the forgiveness … comes the audit. And audits, as we all know, strike fear into the hearts of, well, pretty much everyone, whether financial...

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PPP Loan Site Sputters On Opening Day Of Second Round
PPP Loan Site Sputters On Opening Day Of Second Round
April 28, 2020  |  Loans

The second round of Paycheck Protection Program (PPP) funding was an instant replay of the first, as the loan network collapsed from the tsunami of...

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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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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. The key groups who...

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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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