The Senate has passed a new $484 billion coronavirus relief package, including more than $300 billion in additional funds for the Paycheck Protection Program (PPP) designed to bail out small- and medium-sized businesses (SMBs), according to CNBC. The plan will now go to the House of...
Tom Donohue, CEO of the U.S. Chamber of Commerce, is urging Congress to finish up a plan for the next round of stimulus spending by Monday (April 20), according to CNBC. Speaking on CNBC’s “Closing Bell,” Donohue said lawmakers all “understand it” and everyone would...
PayPal has become one of the first non-bank institutions allowed to distribute loans to help small- to medium-sized businesses (SMBs) in response to the coronavirus pandemic, according to a press release. The digital payments platform will now be able to give loans to SMBs that...
Those looking for a loan outside of the government’s Paycheck Protection Program (PPP) won’t find it from JPMorgan Chase, which has decided to focus solely on that program due to a huge amount of requests over the past few days, according to the Financial Times....
May 04, 2020
Count entrepreneurs among the most optimistic souls in the universe. While the coronavirus death toll continued to rise, nearly 70 percent of small- to medium-sized businesses (SMBs) said the pandemic and the loss of revenue were temporary aberrations before they got back to business once COVID-19 ends, according to a PYMNTS survey on April 6. […]
April 21, 2020
The Senate has passed a new $484 billion coronavirus relief package, including more than $300 billion in additional funds for the Paycheck Protection Program (PPP) designed to bail out small- and...
April 19, 2020
Tom Donohue, CEO of the U.S. Chamber of Commerce, is urging Congress to finish up a plan for the next round of stimulus spending by Monday (April 20), according to...
April 12, 2020
PayPal has become one of the first non-bank institutions allowed to distribute loans to help small- to medium-sized businesses (SMBs) in response to the coronavirus pandemic, according to a press...
