Paycheck Protection Program

Nikola Motor CEO Defends $4M In PPP Funds
Nikola Motor CEO Defends $4M In PPP Funds
April 22, 2020  |  Loans

Trevor Milton, the CEO and founder of Nikola Motor Company, is defending his company’s receipt of $4.1 million from the Small Business Administration’s (SBA’s) Paycheck...

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The Paycheck Protection Program, Round Two
The Paycheck Protection Program, Round Two
April 22, 2020  |  Loans

U.S. small businesses have been waiting on pins and needles for Capitol Hill to determine the future of the Paycheck Protection Program (PPP), and now...

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Senate Passes Bill That Adds $310B More To PPP Loans
Senate Passes Bill That Adds $310B More To PPP Loans
April 21, 2020  |  Loans

The Senate has passed a new $484 billion coronavirus relief package, including more than $300 billion in additional funds for the Paycheck Protection Program (PPP) designed...

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Amid Scramble For Fed Funds, Fundamental Question: Who’s An SMB?
Amid Scramble For Fed Funds, Fundamental Question: Who’s An SMB?
April 21, 2020  |  Economy

The middle of a deepening recession may not be the best time to play with semantics. Get the Full Story Complete the form to unlock...

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Schumer: ‘We Have a Deal’ On More PPP Funding, Although GOP Not Quite Sure
Schumer: ‘We Have a Deal’ On More PPP Funding, Although GOP Not Quite Sure
April 21, 2020  |  Loans

U.S. Senate Minority Leader Chuck Schumer (D-New York) said on Tuesday (April 21) that “we have a deal” on a new $300 billion-plus package of...

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Lenders Ask Treasury To Focus Next PPP Round On ‘Real’ SMBs
Lenders Ask Treasury To Focus Next PPP Round On ‘Real’ SMBs
April 21, 2020  |  Loans

The biggest banks in the U.S. were reportedly in talks with the Treasury on Monday (April 20) over the next round of Paycheck Protection Program...

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Public Businesses Reap PPP Relief Of $300M 
Public Businesses Reap PPP Relief Of $300M 
April 21, 2020  |  Loans

Small businesses struggling to stay afloat were supposed to reap the most benefits from the federal Paycheck Protection Program (PPP). Instead, millions went to public...

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Restaurants Lobby For $240B In Added Federal Funding As COVID-19 Rages On
Restaurants Lobby For $240B In Added Federal Funding As COVID-19 Rages On
April 20, 2020  |  Coronavirus

The cash flow crunch may transform the restaurant industry permanently — and none for the better. Get the Full Story Complete the form to unlock...

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Small Businesses Question Handling Of US Stimulus Loans
Small Businesses Question Handling Of US Stimulus Loans
April 20, 2020  |  Loans

As Congress was poised on Monday (April 20) to replenish funds for its small business loan program, complaints persist about how previous funds were doled...

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