SBA

Small Business Economic Survival Amid The Coronavirus Pandemic
Small Business Economic Survival Amid The Coronavirus Pandemic
April 14, 2020  |  Today In Data

The SBA PPP rescue relief effort started taking applications from banks on behalf of their small business customers on April 3. Many of those small and medium-sized...

READ MORE >
SMB Aid Running Out As Stalemate Continues
SMB Aid Running Out As Stalemate Continues
April 14, 2020  |  SMBs

Leaders on Capitol Hill were still at an impasse on Monday (April 13) over additional coronavirus relief as the current funding dwindles and is expected...

READ MORE >
Can Main Street SMBs Cross The PPP Cash Chasm?
Can Main Street SMBs Cross The PPP Cash Chasm?
April 13, 2020  |  Coronavirus

Friday, April 3 was the day everyone expected would bring a sigh of relief — and offer much-needed hope — to the 30 million SMBs...

READ MORE >
PayPal Approved To Process SMB PPP Loans
PayPal Approved To Process SMB PPP Loans
April 12, 2020  |  Disbursements

PayPal has become one of the first non-bank institutions allowed to distribute loans to help small- to medium-sized businesses (SMBs) in response to the coronavirus...

READ MORE >
Fed Eyes Opening SBA Loans To FinTechs
Fed Eyes Opening SBA Loans To FinTechs
April 09, 2020  |  Loans

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in...

READ MORE >
Federal Reserve Facilitates $2.3T In Loans To Boost Economy
Federal Reserve Facilitates $2.3T In Loans To Boost Economy
April 09, 2020  |  Loans

In an effort to deliver more relief to the nation’s struggling small businesses and boost the economy amid the global coronavirus pandemic, the Federal Reserve...

READ MORE >
JPMC Halts Non-PPP SMB Loans
JPMC Halts Non-PPP SMB Loans
April 08, 2020  |  Loans

Those looking for a loan outside of the government’s Paycheck Protection Program (PPP) won’t find it from JPMorgan Chase, which has decided to focus solely...

READ MORE >
SBA Struggling To Meet Demand For Relief Loans
SBA Struggling To Meet Demand For Relief Loans
April 08, 2020  |  Loans

An old computer system and too few employees are making it hard for the Small Business Administration (SBA) to meet the high demand for coronavirus...

READ MORE >
SBA Overwhelmed With Requests, May Cause Delay In SMB Loans
SBA Overwhelmed With Requests, May Cause Delay In SMB Loans
April 08, 2020  |  Coronavirus

As businesses around the U.S. wait eagerly for loans from the $2 trillion stimulus package passed by Congress, the Small Business Association (SBA) may be...

READ MORE >