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 $4.6 million to the fund, the team said on Monday April (27), according to the Los Angeles Times. Get the...
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 the latest round of Paycheck Protection Program (PPP) funds reach the small businesses that need it. Get the Full Story...
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 Program (PPP) money. Less than five minutes after the much-hyped launch of PPP II scheduled for 10:30 a.m. on Monday...
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 Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In all manner of life – especially corporate life – where there are rules and legislation, there are paths to follow the spirit and the letter of the law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The race is on. 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 this form, you agree to receive marketing...
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 he thinks Congress should make the assistance big enough to help all small businesses. Get the Full Story Complete the...
While some of the more than 200 publicly traded companies that received funds from the Paycheck Protection Program (PPP) agreed to return the millions of dollars they received after backlash, many are keeping the money, asserting that it will be used for paying furloughed employees,...
Banks in the U.S. are taking a cautious approach when it comes to extending loans to businesses in Europe, according to the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
