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Cannabis Companies Would Be Eligible For COVID-19 Relief Under Bill
April 24, 2020

Representatives from Colorado and Oregon, states known for liberal cannabis laws, want the cannabis industry to be included in future Paycheck Protection Program (PPP) legislation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Banks Warn Replenished PPP Loan Funds May Already Be Spoken For
April 24, 2020

Banks are sounding the alarm that the upcoming funding round for the federal Paycheck Protection Program (PPP) is likely already tapped. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Treasury Directs Public Firms To Return Small Business PPP Money
April 24, 2020

The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if they can’t prove they were eligible for a loan.  Get the Full Story Complete the form to unlock this article...

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What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
April 24, 2020

The rollout of the Paycheck Protection Program (PPP) aimed at small- to medium-sized businesses (SMBs) has, by any account, been a wild ride to date. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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$484B Stimulus Bill Heads To President Trump For Signature
April 23, 2020

The House of Representatives on Thursday (April 23) passed a $484 billion bill for more financial aid for small- to medium-sized businesses (SMBs) and others amid the coronavirus pandemic, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article...

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SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
April 23, 2020

Some small businesses that received forgivable loans under the Paycheck Protection Program (PPP) say they won’t be able to rehire every employee laid off during the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Texas Hotelier Nets $59M In PPP Loans
April 23, 2020

The biggest benefactor of the Paycheck Protection Program (PPP) is a Dallas, Texas-based hotelier named Monty Bennett, who has received $59 million from the program intended to help small or medium-sized businesses with the economic crisis. Get the Full Story Complete the form to unlock...

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Nikola Motor CEO Defends $4M In PPP Funds
April 22, 2020

Trevor Milton, the CEO and founder of Nikola Motor Company, is defending his company’s receipt of $4.1 million from the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP), according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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The Paycheck Protection Program, Round Two
April 22, 2020

U.S. small businesses have been waiting on pins and needles for Capitol Hill to determine the future of the Paycheck Protection Program (PPP), and now they’ve gotten their answer. The Senate has voted by unanimous consent to allocate another $484 billion in an interim relief...