Paycheck Protection Program

PPP Loans Could Be Boon For Banks In Processing Fees

PPP Loans Could Be Boon For Banks In Processing Fees
PPP Loans Could Be Boon For Banks In Processing Fees
July 07, 2020  |  Banking

Banks arranging government loans intended for businesses hurt by the pandemic could reap as much as $24 billion in associated fees, The Wall Street Journal...

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$132B Still Available From PPP, Including $30B That Companies Returned
$132B Still Available From PPP, Including $30B That Companies Returned
July 06, 2020  |  Loans

There’s still lots of federal cash available for small and medium-sized businesses (SMBs) in need of a hand up through the COVID-19 crisis. Get the...

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How Automated Authentication Helps Propel SMB Loan Disbursements
How Automated Authentication Helps Propel SMB Loan Disbursements
July 06, 2020  |  Disbursements

The economic realities of COVID-19 have many small- to medium-sized businesses (SMBs) turning to lenders to keep their heads above water, but paper-based processes can...

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A Digital Disbursement Fix To Help SMBs Keep Afloat
A Digital Disbursement Fix To Help SMBs Keep Afloat
July 02, 2020  |  Disbursements

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PPP Application Deadline Extended Until Aug. 8
PPP Application Deadline Extended Until Aug. 8
July 01, 2020  |  Loans

The U.S. House of Representatives has passed a bill to extend the deadline for businesses to apply for forgivable loan aid through the Paycheck Protection...

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Senate Approves Five-Week Extension For Paycheck Protection Program 
Senate Approves Five-Week Extension For Paycheck Protection Program 
July 01, 2020  |  Loans

Just as the application deadline was set to expire on the Paycheck Protection Program (PPP) at midnight Tuesday (June 30), the U.S. Senate extended the...

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Will Congress Extend The PPP’s June 30 Deadline?
Will Congress Extend The PPP’s June 30 Deadline?
June 26, 2020  |  Loans

The deadline for applying for Paycheck Protection Program loans is coming next Tuesday (June 30) after the PPP’s long and eventful run, which started in...

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Deep Dive: Using Digital Payroll Tools To Maintain Financial Lifelines In Uncertain Times
Deep Dive: Using Digital Payroll Tools To Maintain Financial Lifelines In Uncertain Times
June 26, 2020  |  Faster Payments

The United States federal government sought to disburse more than $1 trillion in stimulus funding in the early days of the COVID-19 lockdown to help...

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GAO: Lack Of Controls Could Cause Double Payments With PPP Loans, Unemployment Benefits
GAO: Lack Of Controls Could Cause Double Payments With PPP Loans, Unemployment Benefits
June 25, 2020  |  Coronavirus

Federal agencies lack controls to ensure that Americans aren’t collecting unemployment while also getting paid by companies utilizing Paycheck Protection Program (PPP) loans, the U.S....

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