Paycheck Protection Program

SMBs Have Only 69 Days Of Cash, Even With PPP
SMBs Have Only 69 Days Of Cash, Even With PPP
May 04, 2020  |  SMBs

Count entrepreneurs among the most optimistic souls in the universe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Most Of SBA PPP Loan Program’s Second Round Funding Already Spoken For
Most Of SBA PPP Loan Program’s Second Round Funding Already Spoken For
May 04, 2020  |  Loans

As small businesses try to beat the odds to get a piece of the latest round of first-come, first-served Paycheck Protection Program (PPP) money, $175...

READ MORE >
Some COVID-19 Relief Funds Went To Healthcare Cos Under Scrutiny For Possible Fraud, Report Says
Some COVID-19 Relief Funds Went To Healthcare Cos Under Scrutiny For Possible Fraud, Report Says
May 03, 2020  |  Security & Fraud

The U.S. government’s massive payouts of financial aid to health care providers of Medicaid and other programs have inadvertently resulted in taxpayer dollars going to...

READ MORE >
Kudlow: Third Round Of SBA PPP Loans ‘May Be’ Necessary
Kudlow: Third Round Of SBA PPP Loans ‘May Be’ Necessary
May 03, 2020  |  Loans

Some 2.2 million small business loans totaling $175 billion were extended on Sunday (May 3) in the second round of the Paycheck Protection Program (PPP)....

READ MORE >
Texas Hotel Group To Give Back $70M In PPP Loans
Texas Hotel Group To Give Back $70M In PPP Loans
May 03, 2020  |  Loans

Texas hospitality group Ashford Inc. is buckling under pressure and will return $70 million in Paycheck Protection Program (PPP) loan money it received due to...

READ MORE >
Bank Of America CEO: Stimulus Package Is Coming Together
Bank Of America CEO: Stimulus Package Is Coming Together
May 01, 2020  |  Coronavirus

The CEO of Bank of America said the impact of the $2.2 trillion in federal relief is beginning to reap benefits. Get the Full Story...

READ MORE >
Would-Be PPP SMBs Skip The Funding Over Audit Fears
Would-Be PPP SMBs Skip The Funding Over Audit Fears
May 01, 2020  |  Coronavirus

Before the forgiveness … comes the audit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

READ MORE >
The Post-Pandemic SMB Restart, Localized Payments, PPP Audits Top This Week’s News
The Post-Pandemic SMB Restart, Localized Payments, PPP Audits Top This Week’s News
May 01, 2020  |  News

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

READ MORE >
Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process Half-Million Loan Applications
Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process...
May 01, 2020  |  News

In today’s top news, the U.S. savings rate surged in March due to the shaky coronavirus economy, and big banks have processed almost 500,000 applications...

READ MORE >