SBA

What’s Next For Small Businesses Amid The SBA PPP Loan Saga?
What’s Next For Small Businesses Amid The SBA PPP Loan Saga?
April 17, 2020  |  SMBs

On April 3, the federal government launched a heretofore unprecedented program to funnel money to U.S. small businesses hit hard by the coronavirus pandemic. Get...

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FinTech Faces Hurdles Making SBA Loans
FinTech Faces Hurdles Making SBA Loans
April 16, 2020  |  Digital Banking

PayPal Holdings Inc., Square Inc. and Intuit Inc., three California technology companies, all wanted a piece of the federal government’s $350 billion loan program, which was...

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SMBs Scramble For Cash As PPP Runs Dry
SMBs Scramble For Cash As PPP Runs Dry
April 16, 2020  |  Loans

As lawmakers battle over how the next round of bailout money for small businesses should be spent, the president and CEO of Atlanta’s Federal Reserve...

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Looking Back — And Ahead At What’s Next — As PPP Runs Dry
Looking Back — And Ahead At What’s Next — As PPP Runs Dry
April 16, 2020  |  Economy

And just like that: No more. Not now. For the time being, anyway. Get the Full Story Complete the form to unlock this article and enjoy...

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Fed Renews Pledge To Back PPP Loans
Fed Renews Pledge To Back PPP Loans
April 16, 2020  |  Coronavirus

The Federal Reserve Board reassured lenders on Thursday (April 16) that its loan guarantee program to small businesses is alive and well. Get the Full...

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SBA Small Business Loan Program Is Out Of Cash
SBA Small Business Loan Program Is Out Of Cash
April 16, 2020  |  Loans

There’s no more money in the Small Business Administration’s (SBA) bailout initiative. CNBC has reported that the $349 billion intended to keep small businesses afloat...

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SBA Emergency Loan Program Bombarded With Over 3 Million Applications
SBA Emergency Loan Program Bombarded With Over 3 Million Applications
April 16, 2020  |  B2B Payments

After receiving over 3 million applications as the coronavirus pandemic continues, an emergency loan program helmed by the Small Business Association (SBA) is running low...

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SBA Fund Coffers Said To Run Dry Unless Congress Adds More
SBA Fund Coffers Said To Run Dry Unless Congress Adds More
April 15, 2020  |  Coronavirus

For businesses that have not yet applied for a loan under the $350 billion federal stimulus program designed to mitigate the economic ravages of the...

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SBA On PPP Numbers: One Million Loans, $247B (So Far)
SBA On PPP Numbers: One Million Loans, $247B (So Far)
April 15, 2020  |  Loans

In just over a week, the Paycheck Protection Program (PPP) has approved more than one million loans, for a total gross dollar value, as of...

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