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

Bank Lending Under Pressure As Investment Banking Booms

Bank Lending Under Pressure As Investment Banking Booms
Bank Lending Under Pressure As Investment Banking Booms
July 12, 2020  |  Banking

Bank earnings have unusually high stakes this quarter, with investors’ dividends at stake and banks expected to add billions to their loan-loss reserves due to...

READ MORE >
Car Talk: How One Bay Area Limo Fleet Rolls With The (Pandemic) Times
Car Talk: How One Bay Area Limo Fleet Rolls With The (Pandemic) Times
July 10, 2020  |  Merchant Innovation

More than a few notable companies have started in a Silicon Valley garage. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Mnuchin: Any PPP Extension Would Be ‘More Targeted’
Mnuchin: Any PPP Extension Would Be ‘More Targeted’
July 09, 2020  |  Economy

At a time when many businesses have used up the funds they’ve received from the Paycheck Protection Program (PPP), U.S. Treasury Secretary Steven Mnuchin said...

READ MORE >
Tech Startups Laid Off 70K Since March
Tech Startups Laid Off 70K Since March
July 08, 2020  |  Startups

No sector of the U.S economy has been spared from the economic fallout of COVID-19. Get the Full Story Complete the form to unlock this...

READ MORE >
PPP Loans, Cash Crunches And Now, The Specter Of Public Shame
PPP Loans, Cash Crunches And Now, The Specter Of Public Shame
July 08, 2020  |  SMBs

And now: Stimulus funding as a tool for public shaming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
PPP Loans Could Be Boon For Banks In Processing Fees
PPP Loans Could Be Boon For Banks In Processing Fees
July 07, 2020  |  Banking

Banks arranging government loans intended for businesses hurt by the pandemic could reap as much as $24 billion in associated fees, The Wall Street Journal...

READ MORE >
$132B Still Available From PPP, Including $30B That Companies Returned
$132B Still Available From PPP, Including $30B That Companies Returned
July 06, 2020  |  Loans

There’s still lots of federal cash available for small and medium-sized businesses (SMBs) in need of a hand up through the COVID-19 crisis. Get the...

READ MORE >