funds

GOP Says Wait On More Bailout Money
GOP Says Wait On More Bailout Money
May 14, 2020  |  Coronavirus

The Republicans are in no hurry to do another COVID-19 bailout. On Tuesday (May 12), PYMNTS reported that House Speaker Nancy Pelosi proposed a $3...

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Mnuchin Predicts Economic Pickup, Urges Caution On Greater Stimulus
Mnuchin Predicts Economic Pickup, Urges Caution On Greater Stimulus
May 11, 2020  |  Economy

In an interview, U.S. Treasury Secretary Steven Mnuchin predicted that the economy would be improving “as we go into the summer and we reopen the...

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States Show Mixed Results Getting Extra $600-A-Week COVID Jobless Benefits Out
States Show Mixed Results Getting Extra $600-A-Week COVID Jobless Benefits Out
April 28, 2020  |  Coronavirus

The $600 a week in extra COVID-19 unemployment benefits that many laid-off U.S. workers have been expecting are showing up unevenly. Connecticut Gov. Ned Lamont...

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Today In Payments: PPP Loan Site Flatlines On Second Opening Day; Apple Cuts Back Production For New iPhones
Today In Payments: PPP Loan Site Flatlines On Second Opening Day; Apple Cuts Back Production...
April 28, 2020  |  News

In today’s top news, the PPP loan website collapsed after launching its second round of funding on Monday (April 27), and Apple is cutting back...

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Stimulus Relief Checks: Less Spending, More Saving
Stimulus Relief Checks: Less Spending, More Saving
April 28, 2020  |  Economy

Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $...

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IRS Updates Site To Give Consumers More Visibility Into Stimulus Status
IRS Updates Site To Give Consumers More Visibility Into Stimulus Status
April 27, 2020  |  Coronavirus

Those who had trouble utilizing the IRS’ “Get My Payment” web tool to access their personal stimulus funds may now find it easier to use...

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SBA To Roll Out More COVID-19 SMB Aid Early Next Week
SBA To Roll Out More COVID-19 SMB Aid Early Next Week
April 24, 2020  |  Coronavirus

U.S. Senator Marco Rubio said the Small Business Administration (SBA) will make more financial assistance available early next week for small businesses impacted by COVID-19,...

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Trump Signs $484B Bill For More PPP Loans And Other COVID-19 Relief
Trump Signs $484B Bill For More PPP Loans And Other COVID-19 Relief
April 24, 2020  |  Coronavirus

President Donald Trump signed into law a $484 billion COVID-19 rescue bill Friday (April 24) that includes $310 billion in new money for the popular Small...

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SBA Says It Has Approved 1.6M PPP Loans
SBA Says It Has Approved 1.6M PPP Loans
April 17, 2020  |  Loans

The U.S. Small Business Administration (SBA) says that nearly 5,000 lenders have approved 1.6 million loans totaling $342.2 billion under the agency’s Paycheck Protection Program. “Following...

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