PPP loans

Democrats Ask Bank CEOs For PPP Records

Democrats Ask Bank CEOs For PPP Records
Democrats Ask Bank CEOs For PPP Records
June 15, 2020  |  Loans

U.S. Democratic lawmakers, in letters to the chief executives of several large banks, demanded the release of documents related to loans made under the government’s...

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President Trump Signs PPP Loan Flexibility Legislation
President Trump Signs PPP Loan Flexibility Legislation
June 05, 2020  |  Loans

As some firms grapple with meeting pivotal standards for loan forgiveness amid the pandemic, President Donald Trump signed a bill into law on Friday (June...

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Today In Payments: Senate Passes Bill To Extend PPP; Amex CFO Sounds Alarm Over Post-Lockdown Furloughs
Today In Payments: Senate Passes Bill To Extend PPP; Amex CFO Sounds Alarm Over Post-Lockdown...
June 04, 2020  |  News

In today’s top news, the Senate passes an amendment to the Paycheck Protection Program, Amex CFO voices concern as large companies’ pledges to freeze job...

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Two Republican Senators Hold Up PPP Amendment Bill
Two Republican Senators Hold Up PPP Amendment Bill
June 03, 2020  |  Loans

Two Republican Senators are holding up a bill that would extend the end date of the Paycheck Protection Program (PPP) from August until December, Roll...

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Two Banking Groups Call For Automatic PPP Loan Forgiveness
Two Banking Groups Call For Automatic PPP Loan Forgiveness
June 03, 2020  |  Loans

The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000....

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Today In Payments: China’s Rebounding Economy Is Likely Not Norm; At Least $20B Of PPP Loans Have Been Canceled
Today In Payments: China’s Rebounding Economy Is Likely Not Norm; At Least $20B Of PPP...
June 01, 2020  |  News

In today’s top news, China’s economy looks to be rebounding, and a minimum of $20 billion in PPP loans has been returned. Plus, lawmakers ask...

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7-Eleven Franchisees: Store Operators May Need To Pay Back PPP Loans
7-Eleven Franchisees: Store Operators May Need To Pay Back PPP Loans
June 01, 2020  |  Retail

The National Coalition of Associations of 7-Eleven Franchisees (NCASEF) said store operators who took in federal Paycheck Protection Program (PPP) loans could potentially have to pay...

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Main Street’s Digital Shift, ATM Innovation, PPP Loans Top This Week’s News
Main Street’s Digital Shift, ATM Innovation, PPP Loans Top This Week’s News
May 29, 2020  |  The Weekender

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...

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