SBA

Some Smaller Public Cos Opt To Keep PPP Funds
Some Smaller Public Cos Opt To Keep PPP Funds
April 26, 2020  |  Loans

While some of the more than 200 publicly traded companies that received funds from the Paycheck Protection Program (PPP) agreed to return the millions of...

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Phishing Scams Target SMBs Seeking COVID Aid
Phishing Scams Target SMBs Seeking COVID Aid
April 24, 2020  |  Cybersecurity

The COVID-19 pandemic, like other disasters, has created a playground for cybercriminals. BleepingComputer.com reports that the Coronavirus Aid, Relief and Economic Security (CARES) Act has triggered the latest...

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PPP Loan Program To Reopen Monday
PPP Loan Program To Reopen Monday
April 24, 2020  |  Economy

The Small Business Administration (SBA) expects to start taking applications on Monday (April 27) for the second round of the $310 billion Paycheck Protection Program...

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SBA To Roll Out More COVID-19 SMB Aid Early Next Week
SBA To Roll Out More COVID-19 SMB Aid Early Next Week
April 24, 2020  |  Economy

U.S. Senator Marco Rubio said the Small Business Administration (SBA) will make more financial assistance available early next week for small businesses impacted by COVID-19,...

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What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
April 24, 2020  |  Loans

The rollout of the Paycheck Protection Program (PPP) aimed at small- to medium-sized businesses (SMBs) has, by any account, been a wild ride to date....

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$484B Stimulus Bill Heads To President Trump For Signature
$484B Stimulus Bill Heads To President Trump For Signature
April 23, 2020  |  Loans

The House of Representatives on Thursday (April 23) passed a $484 billion bill for more financial aid for small- to medium-sized businesses (SMBs) and others...

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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  |  Economy

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  |  Economy

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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SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
April 23, 2020  |  Loans

Some small businesses that received forgivable loans under the Paycheck Protection Program (PPP) say they won’t be able to rehire every employee laid off during...

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