loans

Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits

Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits
Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits
May 14, 2020  |  Loans

Cutera, a California-based beauty device maker, was among the recipients of the Paycheck Protection Program (PPP) despite being worth $26.7 million in stock sales just...

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Looking Beyond The Biggest Banks For SMB Relief
Looking Beyond The Biggest Banks For SMB Relief
May 14, 2020  |  B2B Payments

The Paycheck Protection Program (PPP) has dealt some difficult lessons, even to the largest Main Street lenders, as financiers struggle to meet demand, seamlessly process...

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SBA Revises Guidance On PPP Loan Forgiveness
SBA Revises Guidance On PPP Loan Forgiveness
May 13, 2020  |  Loans

The Paycheck Protection Program (PPP) has been nothing if not fluid. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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$120B Still Available As Appetite For PPP Loans Slows
$120B Still Available As Appetite For PPP Loans Slows
May 12, 2020  |  Loans

The small business Paycheck Protection Program (PPP) still has $120 billion available as the appetite for the forgivable loans slows down, according to recent Small...

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What Lenders Are Learning About Emerging PPP Loan Fraud
What Lenders Are Learning About Emerging PPP Loan Fraud
May 12, 2020  |  Security & Fraud

In the mad dash to secure Paycheck Protection Program (PPP) funds, small businesses have faced confusion, anxiety and often a lack of clarity as to...

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Mnuchin Wants To Fix Restaurants’ PPP Woes
Mnuchin Wants To Fix Restaurants’ PPP Woes
May 11, 2020  |  Loans

Treasury Secretary Steven Mnuchin said he wants to tweak the rules of the Paycheck Protection Program (PPP) to accommodate restaurants stuck between a rock and...

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Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom To Test June IPO
Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom...
May 11, 2020  |  News

In today’s top news, Mastercard vows to connect 1 billion people to the digital economy by 2025, and Vroom is looking at filing an initial...

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Deadline Looms For Five Firms To Return PPP Loans
Deadline Looms For Five Firms To Return PPP Loans
May 11, 2020  |  Loans

Five publicly traded companies have until midnight on Monday (May 11) to return their Payroll Protection Program (PPP) loans or explain why they should be...

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Neiman Marcus Gets Interim Approval For $675M In DIP Loans
Neiman Marcus Gets Interim Approval For $675M In DIP Loans
May 11, 2020  |  Retail

In a move that reportedly allows for business continuity, Neiman Marcus Group said in a statement that it has received interim court approval for all...

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