Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

Senators Call For Guaranteed PPP Loans For Small Businesses
Senators Call For Guaranteed PPP Loans For Small Businesses
April 27, 2020  |  Loans

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...

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SBA Site Slammed As SMB Loan Program Relaunches
SBA Site Slammed As SMB Loan Program Relaunches
April 27, 2020  |  Loans

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...

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Next Round Of $1,200 IRS Stimulus Checks To Go Out Soon
Next Round Of $1,200 IRS Stimulus Checks To Go Out Soon
April 27, 2020  |  Loans

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...

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The Balancing Act Between PPP’s Letter And Spirit Of The ‘Law’
The Balancing Act Between PPP’s Letter And Spirit Of The ‘Law’
April 27, 2020  |  Loans

In all manner of life – especially corporate life – where there are rules and legislation, there are paths to follow the spirit and the...

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Second Round Of PPP SBA Loans Now Available
Second Round Of PPP SBA Loans Now Available
April 27, 2020  |  Loans

The race is on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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PPP Loan Program To Reopen Monday
PPP Loan Program To Reopen Monday
April 24, 2020  |  Coronavirus

The Small Business Administration (SBA) expects to start taking applications on Monday (April 27) for the second round of the $310 billion Paycheck Protection Program...

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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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The Week In Payments: Facebook Expands, Travel Rebounds And The Workplace Resets
The Week In Payments: Facebook Expands, Travel Rebounds And The Workplace Resets
April 24, 2020  |  News

After what has felt like the second-longest month in history (with March 2020 being the first), this week marked something of a shift in the news cycle. For the...

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