PPP loans

JPMorgan Chase Submits Nearly $18B In PPP Loans

JPMorgan Chase Submits Nearly $18B In PPP Loans
JPMorgan Chase Submits Nearly $18B In PPP Loans
April 30, 2020  |  Economy

JPMorgan Chase & Co. told its small business clients that the New York financial services company has submitted 220,000 applications this week to the Paycheck...

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Big Banks Temporarily Shut Out Of SBA’s PPP Loan Portal
Big Banks Temporarily Shut Out Of SBA’s PPP Loan Portal
April 29, 2020  |  Economy

For the first time since a small business loan program was launched, small lenders have been moved to the front of the line. Get the...

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Mnuchin: All PPP Loan Recipients Will Face Audits
Mnuchin: All PPP Loan Recipients Will Face Audits
April 29, 2020  |  Economy

Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin...

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PPP Resumes Operation, But Delays Continue
PPP Resumes Operation, But Delays Continue
April 27, 2020  |  Economy

The Paycheck Protection Program (PPP), which is intended to distribute loans to small businesses affected by coronavirus pandemic shutdowns, resumed activity on Monday (April 27)...

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Digital-First Banking Has Connections
Digital-First Banking Has Connections
April 27, 2020  |  Banking

You’ve got to hand it to the internet. A pandemic breaks out, everyone’s ordered to work at home or just plain stay at home —...

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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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