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

Many US Restaurants Say PPP Loans Don’t Meet Their Needs

Many US Restaurants Say PPP Loans Don’t Meet Their Needs
Many US Restaurants Say PPP Loans Don’t Meet Their Needs
April 29, 2020  |  Loans

An industry trade group said it’s highly likely that many restaurants will return loans from the U.S. Small Business Association’s (SBA) bailout program, the Financial...

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PPP Is No Panacea, But Is Crucial To SMB Outlook
PPP Is No Panacea, But Is Crucial To SMB Outlook
April 28, 2020  |  Coronavirus

From the ongoing saga that is the Payroll Protection Program (PPP), we’ve quickly learned that $349 billion is just a down payment on a revivified...

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Mexican Business Council, IDB To Offer Funds To SMBs
Mexican Business Council, IDB To Offer Funds To SMBs
April 27, 2020  |  B2B Payments

To help support the operations of small and medium-sized businesses (SMBs) as they contend with the economic disruption brought by the coronavirus, IDB Invest and...

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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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