Paycheck Protection Program

Report Says SBA Erred In Providing PPP Loan Guidance

Report Says SBA Erred In Providing PPP Loan Guidance
Report Says SBA Erred In Providing PPP Loan Guidance
May 08, 2020  |  Loans

A new report says the Small Business Administration (SBA) failed to follow several congressional mandates in implementing a loan program designed to aid businesses during...

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PPP Program Still Has $125B Left
PPP Program Still Has $125B Left
May 08, 2020  |  Loans

President Donald Trump and Congress wasted no time refilling the Paycheck Protection Program’s (PPP) coffers after the popular loan initiative ran out of cash in...

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For SMBs, What Comes Next After The (Terrible) Unemployment Report?
For SMBs, What Comes Next After The (Terrible) Unemployment Report?
May 08, 2020  |  Economy

The number we’ll remember — 14.7 percent, the headline number for April U.S. unemployment — is the one we hope is a peak. But there are...

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Why SMBs Are Suddenly Reluctant To Apply For The SBA’s PPP Loan Program
Why SMBs Are Suddenly Reluctant To Apply For The SBA’s PPP Loan Program
May 08, 2020  |  Loans

The Paycheck Protection Program (PPP) is going back to court, this time over the new guidance handed out by the federal government on April 29...

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Footwear Company Allbirds Latest To Return PPP Loan
Footwear Company Allbirds Latest To Return PPP Loan
May 08, 2020  |  Loans

Allbirds, the New Zealand-American footwear company, will return its Paycheck Protection Program (PPP) loan. Get the Full Story Complete the form to unlock this article...

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Saving Main Street: Advocacy Groups Propose New Government Relief Programs
Saving Main Street: Advocacy Groups Propose New Government Relief Programs
May 08, 2020  |  Retail

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. Government program subsidies and loans have been snapped up by...

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Balancing Gig Workers’ Desire For Work Flexibility, With The Need For A Steady Paycheck
Balancing Gig Workers’ Desire For Work Flexibility, With The Need For A Steady Paycheck
May 08, 2020  |  Gig Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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How Square’s Results Spotlight Main Street SMBs’ Resilience — And (Cash) Challenges
How Square’s Results Spotlight Main Street SMBs’ Resilience — And (Cash) Challenges
May 07, 2020  |  SMBs

Earnings season provides a wealth of data — of numbers and acronyms, a snapshot of balance sheet strengths or weaknesses. Get the Full Story Complete...

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Treasury Extends Deadline To Return PPP Loans To May 14
Treasury Extends Deadline To Return PPP Loans To May 14
May 07, 2020  |  Loans

One week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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