SBA

Ruth’s Chris Steakhouse To Return $20M In PPP Relief Loans

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. Get the Full Story Complete the form to unlock this article and enjoy...

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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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Nikola Motor CEO Defends $4M In PPP Funds
Nikola Motor CEO Defends $4M In PPP Funds
April 22, 2020  |  Loans

Trevor Milton, the CEO and founder of Nikola Motor Company, is defending his company’s receipt of $4.1 million from the Small Business Administration’s (SBA’s) Paycheck...

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Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform
Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its...
April 22, 2020  |  News

In today’s top news, Facebook closed a $5.7 billion deal for a minority stake in India’s Reliance Jio, and GM shut down its car-sharing company,...

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The Paycheck Protection Program, Round Two
The Paycheck Protection Program, Round Two
April 22, 2020  |  Loans

U.S. small businesses have been waiting on pins and needles for Capitol Hill to determine the future of the Paycheck Protection Program (PPP), and now...

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JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
April 22, 2020  |  Loans

While the Payment Protection Program (PPP) was aimed in part at mom-and-pop businesses – and is run through the Small Business Administration (SBA) – it...

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SBA May Have Exposed Data Of 8,000 SMBs Seeking Relief Loans
SBA May Have Exposed Data Of 8,000 SMBs Seeking Relief Loans
April 22, 2020  |  Cybersecurity

Nearly 8,000 applicants for small business loans through the government’s Emergency Injury Disaster Loan (EIDL) stimulus program have possibly been affected by a data breach...

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