PPP loans

NY Fed Study: Neediest SMBs Didn’t Get PPP Loans

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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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  |  Cybersecurity

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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Would-Be PPP SMBs Skip The Funding Over Audit Fears
Would-Be PPP SMBs Skip The Funding Over Audit Fears
May 01, 2020  |  Economy

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

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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...

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DOJ Finds Evidence Of PPP Loan Fraud
DOJ Finds Evidence Of PPP Loan Fraud
May 01, 2020  |  B2B Payments

Amid rising criticism over the loan effort, the Department Of Justice has reportedly discovered potential fraud among companies seeking relief with the Paycheck Protection Program...

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PPP’s Banker Versus Borrower Dilemma
PPP’s Banker Versus Borrower Dilemma
May 01, 2020  |  SMBs

Since the launch of the Paycheck Protection Program (PPP) in early April, the single-minded focus of the U.S. Treasury, the banks approved to process PPP loans and...

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