Paycheck Protection Program

How Square’s Results Spotlight Main Street SMBs’ Resilience — And (Cash) Challenges

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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Showdown: California Firm Zumasys Sues SBA And Treasury Over PPP Loan
Showdown: California Firm Zumasys Sues SBA And Treasury Over PPP Loan
May 07, 2020  |  Legal & Regulation

As the deadline looms for businesses to return Paycheck Protection Program (PPP) loans they were ineligible for, a California software company is suing the Small...

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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  |  Cybersecurity

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  |  Cybersecurity

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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