Paycheck Protection Program

New PPP Loan Rules On Student Workers Offers Break To Colleges
New PPP Loan Rules On Student Workers Offers Break To Colleges
May 06, 2020  |  Loans

Colleges suffering from lost revenues during the pandemic may have a better chance now as clarifications to the Paycheck Protection Program’s (PPP) rules say these...

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Senators Push FTC To Shield SMBs From PPP Scams
Senators Push FTC To Shield SMBs From PPP Scams
May 06, 2020  |  Security & Fraud

A group of senators is asking the Federal Trade Commission (FTC) to take more steps to protect small- to medium-sized business (SMB) owners from scams...

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More Than Half of SMBs Might Not Have Enough Cash To Make It Through Crisis
More Than Half of SMBs Might Not Have Enough Cash To Make It Through Crisis
May 06, 2020  |  SMBs

Almost 60 percent of SMB retailers say they might not have enough cash on hand to get through the pandemic’s economic gut-punches, according to PYMNTS research....

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NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
May 06, 2020  |  Loans

The Paycheck Protection Program (PPP) was intended to extend forgivable loans to businesses struggling to pay workers and stay afloat amid the coronavirus pandemic. Instead,...

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Two Men Charged In First US Case Of PPP Stimulus Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020  |  Security & Fraud

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a...

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COVID Report: Organizing A Recovery
COVID Report: Organizing A Recovery
May 06, 2020  |  Economy

Making history many times over, the U.S. government passed $3 trillion as a life-support effort for American businesses, with a focus on preserving the nation’s...

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Federal, State Investigators Question Wells Fargo Over PPP Loans
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020  |  Security & Fraud

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. Get the Full Story Complete the form...

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Banks Extend $500B In PPP Loans To Help Struggling SMBs 
Banks Extend $500B In PPP Loans To Help Struggling SMBs 
May 05, 2020  |  Loans

Banks in the U.S. have extended over $500 billion in loans to small and medium-sized businesses (SMBs) affected by the COVID-19 pandemic. The Small Business...

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Bankers On Fixing B2B Payments API Flaws
Bankers On Fixing B2B Payments API Flaws
May 05, 2020  |  API

Open application programming interfaces (APIs) are playing an increasingly important role in the financial industry as the field grows increasingly digital. Get the Full Story...

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