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Big Restaurant Chains Feast On Millions From PPP Program

Big Restaurant Chains Feast On Millions From PPP Program
Big Restaurant Chains Feast On Millions From PPP Program
April 19, 2020  |  Loans

The hospitality group behind Ruth’s Chris Steak House — operator or franchiser of 159 restaurants — showed a profit of $42 million on $468 million...

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Love In The Time Of COVID-19
Love In The Time Of COVID-19
April 18, 2020  |  Economy

In a normal year, spring is generally known as the season for new love. There’s something about the chirping birds, the shining sun and the warmer...

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JPMorgan: $26B Worth Of SMB Relief Loans In The Pipeline
JPMorgan: $26B Worth Of SMB Relief Loans In The Pipeline
April 17, 2020  |  Loans

JPMorgan Chase & Co. says it has $26 billion in small business relief applications lined up for when Congress approves more funding for the Small Business Association...

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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. Get...

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FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
April 17, 2020  |  Legal & Regulation

A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP)....

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US Senators Press For Cash Airline Refunds; Michigan To Provide Season Ticket Refunds
US Senators Press For Cash Airline Refunds; Michigan To Provide Season Ticket Refunds
April 17, 2020  |  Economy

The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to use. Here’s...

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The Fed Communicates Rule Change For The SBA’s PPP
The Fed Communicates Rule Change For The SBA’s PPP
April 17, 2020  |  Economy

To enhance the effectiveness of the Paycheck Protection Program (PPP) of the Small Business Administration (SBA), the Federal Reserve Board announced a rule change. The...

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Facebook Nixes Large Gatherings, Events Through June 2021
Facebook Nixes Large Gatherings, Events Through June 2021
April 17, 2020  |  Economy

Facebook Inc. has canceled gatherings of 50 or more people through June of 2021. Get the Full Story Complete the form to unlock this article...

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