Paycheck Protection Program

Mnuchin: Any PPP Extension Would Be ‘More Targeted’

Mnuchin: Any PPP Extension Would Be ‘More Targeted’
Mnuchin: Any PPP Extension Would Be ‘More Targeted’
July 09, 2020  |  Economy

At a time when many businesses have used up the funds they’ve received from the Paycheck Protection Program (PPP), U.S. Treasury Secretary Steven Mnuchin said...

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PPP Loans, Cash Crunches And Now, The Specter Of Public Shame
PPP Loans, Cash Crunches And Now, The Specter Of Public Shame
July 08, 2020  |  SMBs

And now: Stimulus funding as a tool for public shaming. Depending on how you look at it, the fact that roughly $130 billion is left...

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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. In a...

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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

The pandemic is continuing to throw typical business operations for many industries into flux, resulting in disastrous financial consequences. Small- to medium-sized businesses (SMBs) in...

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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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