SBA

Report: SEC Probing Public Firms That Received PPP Funds
Report: SEC Probing Public Firms That Received PPP Funds
May 28, 2020  |  Loans

The U.S. Securities and Exchange Commission (SEC) has launched an investigation into publicly traded companies that received COVID-19 stimulus funds, Bloomberg News reported. Get the...

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House Eases Rules On PPP Loans
House Eases Rules On PPP Loans
May 28, 2020  |  Loans

A measure that would make it easier for small businesses (SMBs) to get their hands on a forgivable federal loan has easily passed the House,...

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BoA Experiences Potential PPP Application Data Breach
BoA Experiences Potential PPP Application Data Breach
May 27, 2020  |  Safety and Security

Bank of America notified principal owners of a potential data breach after the bank uploaded the loan applications of some customers to a “limited access,...

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PPP Loan Demand Peters Out Amid SMB Confusion
PPP Loan Demand Peters Out Amid SMB Confusion
May 26, 2020  |  Loans

First the rush to get in – and then, perhaps, the rush to get out. Get the Full Story Complete the form to unlock this...

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WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
May 25, 2020  |  Security & Fraud

A 35-year-old Washington State resident is charged with allegedly attempting to defraud the Paycheck Protection Program (PPP) by requesting loans for companies and employees that...

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PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers
PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers
May 22, 2020  |  Loans

The self-employed might regret getting one of the Paycheck Protection Program (PPP) loans from the Small Business Administration (SBA). Get the Full Story Complete the...

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SMBs Could Get More Flexibility To Use PPP Loans 
SMBs Could Get More Flexibility To Use PPP Loans 
May 17, 2020  |  Loans

The rules surrounding small business loans from the Paycheck Protection Program (PPP) are being overhauled as demand cools and small and medium-sized business (SMBs) owners...

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Public Companies Have Returned Nearly A Third of PPP Loan Money
Public Companies Have Returned Nearly A Third of PPP Loan Money
May 15, 2020  |  Loans

Thanks…but, on second thought, no thanks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits
Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits
May 14, 2020  |  Loans

Cutera, a California-based beauty device maker, was among the recipients of the Paycheck Protection Program (PPP) despite being worth $26.7 million in stock sales just...

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