Paycheck Protection Program

Square Capital Processed 76K PPP Loans Totaling $820M

Square Capital Processed 76K PPP Loans Totaling $820M
Square Capital Processed 76K PPP Loans Totaling $820M
June 15, 2020  |  Loans

Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported....

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Democrats Ask Bank CEOs For PPP Records
Democrats Ask Bank CEOs For PPP Records
June 15, 2020  |  Loans

U.S. Democratic lawmakers, in letters to the chief executives of several large banks, demanded the release of documents related to loans made under the government’s...

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Kudlow Slams $600-A-Week Extra Jobless Benefits, Says Trump Might OK Back-To-Work Bonus
Kudlow Slams $600-A-Week Extra Jobless Benefits, Says Trump Might OK Back-To-Work Bonus
June 15, 2020  |  Economy

White House Economic Adviser Larry Kudlow said in a CNN interview that the $600-a-week funds that Americans receive on top of regular unemployment benefits might...

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Senators Look To Extend PPP Loans To Include More SMBs
Senators Look To Extend PPP Loans To Include More SMBs
June 10, 2020  |  Loans

A group of Democratic senators has introduced a new Paycheck Protection Program (PPP) for small businesses with 100 or fewer employees, including sole proprietorships and...

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Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
June 10, 2020  |  Economy

The Paycheck Protection Program (PPP) has supported over three-quarters of the small- to medium-sized business (SMB) payroll in 50 states, Treasury Secretary Steven Mnuchin said...

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Innovation Or Annihilation: The Choice Restaurants Face As Recovery Revs Up
Innovation Or Annihilation: The Choice Restaurants Face As Recovery Revs Up
June 08, 2020  |  ResTech

After nearly three months of closures in most places, the U.S. restaurant industry is preparing for its grand reopening with extensive safety guidelines in place....

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Behind The Euphoric May Jobs Report Are Some Troubling Signs
Behind The Euphoric May Jobs Report Are Some Troubling Signs
June 08, 2020  |  Economy

After the euphoria, perhaps a reckoning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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President Trump Signs PPP Loan Flexibility Legislation
President Trump Signs PPP Loan Flexibility Legislation
June 05, 2020  |  Loans

As some firms grapple with meeting pivotal standards for loan forgiveness amid the pandemic, President Donald Trump signed a bill into law on Friday (June...

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