There’s no more money in the Small Business Administration’s (SBA) bailout initiative. CNBC has reported that the $349 billion intended to keep small businesses afloat...
The Paycheck Protection Program (PPP) began accepting applications on April 3. Lawmakers and business leaders alike have high hopes for the program, believing it will...
The U.K. is under pressure to get coronavirus-related loans out faster, and some banking officials want the government to consider making them 100 percent state-guaranteed,...
A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program...
In just over a week, the Paycheck Protection Program (PPP) has approved more than one million loans, for a total gross dollar value, as of...
JPMorgan Chase reported results that showed the impact of the coronavirus, especially toward the end of the quarter, reflecting declines in consumer spending – and...
Hospitals across the U.S. have been busy sending banks requests for new lines of credit as they face thin revenue streams from having to eliminate...
Billionaire entrepreneur Mark Cuban, owner of the Dallas Mavericks and investor on the reality show “Shark Tank,” said the Paycheck Protection Program (PPP) is moving...