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

Rubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’

Rubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’
Rubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’
August 02, 2020  |  Loans

Senator Marco Rubio of Florida, who spearheaded the landmark Paycheck Protection Program (PPP) to help small businesses survive the coronavirus pandemic, now has to organize...

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SMBs Switch Banks Post-PPP Experience
SMBs Switch Banks Post-PPP Experience
August 02, 2020  |  SMBs

When Fathom Unlimited Inc. needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank,...

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Today In Payments: Visa Sees Gains In Online, Contactless Transactions In Q2; Starbucks Rewards Members Drop To 16.3M
Today In Payments: Visa Sees Gains In Online, Contactless Transactions In Q2; Starbucks Rewards Members...
July 29, 2020  |  News

In today’s top news, Visa reported mixed Q2 earnings, and Starbucks reported a drop in rewards members in its Q3 earnings. Plus, Mastercard offers concessions...

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Senators Want New PPP Program With Different Guidelines
Senators Want New PPP Program With Different Guidelines
July 28, 2020  |  Loans

It’s looking increasingly likely that Congress will vote on a new round of COVID-19 stimulus funding, with the Paycheck Protection Program (PPP) an increasing area...

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New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
July 23, 2020  |  Credit Unions

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by...

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Report: PPP Helped SMBs Retain 2.3M Employees
Report: PPP Helped SMBs Retain 2.3M Employees
July 22, 2020  |  SMBs

The Paycheck Protection Program (PPP), enacted to help small- to medium-sized businesses (SMBs) retain employees during the pandemic, was able to save around 2.3 million...

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AICPA, CPA.com Roll Out Tool For PPP Forgiveness
AICPA, CPA.com Roll Out Tool For PPP Forgiveness
July 20, 2020  |  B2B Payments

To automate the Paycheck Protection Program (PPP) forgiveness procedure for small- to medium-sized business (SMB) owners, the American Institute of Certified Public Accountants (AICPA) and...

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Mnuchin: PPP 2.0 Should Target Businesses With Greatest Need
Mnuchin: PPP 2.0 Should Target Businesses With Greatest Need
July 17, 2020  |  Loans

Another phase of the Paycheck Protection Program (PPP) should be more focused and should provide loans on a “more targeted” basis to help the companies...

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