PPP loans

New Data: Separating The PPP Haves, Have Nots and Don’t Wants
New Data: Separating The PPP Haves, Have Nots and Don’t Wants
April 27, 2020  |  SMBs

When the Paycheck Protection Program (PPP) debuted earlier this month, it was heralded by some observers as a lifeline for small businesses that power Main...

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ID Verification, Insurance AI, Stimulus Funds Top This Week’s News
ID Verification, Insurance AI, Stimulus Funds Top This Week’s News
April 24, 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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Today In Payments: 19 Firms Trialing China’s Digital Yuan; Treasury Directs Public Firms To Return PPP Money
Today In Payments: 19 Firms Trialing China’s Digital Yuan; Treasury Directs Public Firms To Return...
April 24, 2020  |  News

In today’s top news, 19 firms are participating in a pilot program to trial China’s new digital yuan, and the U.S. Treasury ordered public companies...

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Ruth’s Chris Steakhouse To Return $20M In PPP Relief Loans
Ruth’s Chris Steakhouse To Return $20M In PPP Relief Loans
April 23, 2020  |  Coronavirus

Another high-profile corporation is giving back its Paycheck Protection Program (PPP) money. The Ruth’s Chris steakhouse chain will return two loans totaling $20 million, The...

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SBA Says Large Firms ‘Unlikely’ To Get Next Round Of PPP
SBA Says Large Firms ‘Unlikely’ To Get Next Round Of PPP
April 23, 2020  |  Coronavirus

The Small Business Administration (SBA) has issued new rules it says will make it unlikely that publicly traded companies will receive money from the next...

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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. But as the scramble for the $349 billion allocated...

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Main Street ‘Cash Chasm’ Too Deep For Many SMBs
Main Street ‘Cash Chasm’ Too Deep For Many SMBs
April 21, 2020  |  Coronavirus

It’s been two weeks since the Payroll Protection Program (PPP) began accepting applications for emergency aid, and as of April 16, the Small Business Administration’s...

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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. The National Restaurant Association Monday told Congress it needs...

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The Next Round Of PPP Funds: Will It Happen In Time For SMBs?
The Next Round Of PPP Funds: Will It Happen In Time For SMBs?
April 20, 2020  |  Coronavirus

Reports indicate that Senate Democrats and Republicans are approaching an agreement that would add more than $400 billion into the Paycheck Protection Program (PPP) for...

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