PPP

The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for their payroll and certain other costs.

Source: en.wikipedia.org

Pandemic Aid Package Provides Relief For Lenders To Help SMBs

Pandemic Aid Package Provides Relief For Lenders To Help SMBs
Pandemic Aid Package Provides Relief For Lenders To Help SMBs
December 22, 2020  |  B2B Payments

The almost $900 billion U.S. pandemic aid package ratified by lawmakers Monday (Dec. 21) following months of debate will assist financial institutions by relaxing an...

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Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
December 15, 2020  |  Loans

Small firms recently surveyed by Goldman Sachs indicated that small and mid-sized businesses (SMBs) are desperately in need of another round of emergency Paycheck Protection...

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Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
December 15, 2020  |  Economy

Berkshire Hathaway Chairman Warren Buffett is calling on Congress to provide more Paycheck Protection Program (PPP) loans to small businesses to help them survive the...

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PPP Fraud Reveals New Need For Banks To Use Geolocation Data
PPP Fraud Reveals New Need For Banks To Use Geolocation Data
November 13, 2020  |  Cybersecurity

Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level...

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Rep. Patrick McHenry: SMBs Need More PPP Stimulus; Big Tech Bashing ‘Irksome’
Rep. Patrick McHenry: SMBs Need More PPP Stimulus; Big Tech Bashing ‘Irksome’
October 21, 2020  |  B2B Payments

The pandemic’s economic impacts have taken a toll on all businesses but in many ways, small- to medium-sized businesses (SMBs) have faced more harm than...

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McConnell Pledges COVID-19 Stimulus Vote This Month
McConnell Pledges COVID-19 Stimulus Vote This Month
October 13, 2020  |  Economy

U.S. Senate President Mitch McConnell (D-Ky.) said on Tuesday (Oct. 13) that the body will take up a COVID-19 relief measure before the end of...

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Feds Charge Texas Man With CARES Act Fraud
Feds Charge Texas Man With CARES Act Fraud
October 09, 2020  |  Cybersecurity

Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8 million...

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SMBs Play Waiting Game As Capitol Hill Wavers On Stimulus
SMBs Play Waiting Game As Capitol Hill Wavers On Stimulus
October 08, 2020  |  Economy

In the tilt-a-whirl that is Washington, D.C. right now, the wildest go-rounds are centered on stimulus payments. Get the Full Story Complete the form to...

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