Kabbage Inc., the financial technology company that funds small businesses, has issued 110,000 Paycheck Protection Program (PPP) applications totaling more than $3.5 billion, the Atlanta-based company announced on Monday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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 voice complaints that the money is hard to get. Get the Full Story Complete the form to unlock this article...
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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 in April of this year while the pandemic was ongoing. Get the Full Story Complete the form to unlock this...
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 free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
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 Business Administration (SBA) data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Treasury Secretary Steven Mnuchin said he wants to tweak the rules of the Paycheck Protection Program (PPP) to accommodate restaurants stuck between a rock and a hard place, according to a report by The Wall Street Journal (WSJ). Get the Full Story Complete the form to...
On the same day AutoNation, the Florida car retailer, reported a net loss of $232 million from operations in the first quarter, its CEO said it has returned $79 million in Paycheck Protection Program (PPP) loans. Get the Full Story Complete the form to unlock...
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 allowed to keep the money by Friday (May 15). Get the Full Story Complete the form to unlock this article...
