Small Business Administration

Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants

Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
February 16, 2021  |  Economy

A $15 billion Small Business Administration (SBA) grant program for companies in the business of live events has still not launched, The Wall Street Journal...

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Cultural Venues Seeking Relief Could Overwhelm Federal Fund
Cultural Venues Seeking Relief Could Overwhelm Federal Fund
February 04, 2021  |  Economy

Operators of cash-strapped performance venues shuttered by pandemic restrictions are expected to turn out in droves seeking funds from a $15 billion program Congress created...

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PPP Round Two: New Loans Top $72.7 Billion In January
PPP Round Two: New Loans Top $72.7 Billion In January
February 02, 2021  |  Loans

A new report from the Small Business Administration (SBA) found that there were $72.7 billion in Paycheck Protection Program (PPP) loans distributed in the month...

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PPP Round Two: SBA Approves $35 Billion In New Loans
PPP Round Two: SBA Approves $35 Billion In New Loans
January 26, 2021  |  Loans

The U.S. Small Business Administration (SBA) has approved 400,000 more pandemic relief loans worth $35 billion, saying it is trying to repair operational problems in...

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Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion In Loans In First Week
Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion...
January 20, 2021  |  Digital Banking

In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during...

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New SBA Data Shows PPP Loans With Missing Details
New SBA Data Shows PPP Loans With Missing Details
December 02, 2020  |  SMBs

New Paycheck Protection Program (PPP) data from the Small Business Administration (SBA) indicates that aid moved to small businesses as well as bigger companies. The...

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Wells Fargo Fires Over 100 For Allegedly Collecting COVID Relief Funds
Wells Fargo Fires Over 100 For Allegedly Collecting COVID Relief Funds
October 14, 2020  |  Security & Fraud

Wells Fargo has fired over 100 employees for allegedly improperly collecting COVID-19 relief funds, according to sources quoted by Bloomberg. Get the Full Story Complete...

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Report: Not One PPP Loan Has Been Forgiven
Report: Not One PPP Loan Has Been Forgiven
September 27, 2020  |  Loans

More than 5 million small- to medium-sized businesses (SMBs) received $525 billion from the Paycheck Protection Program (PPP), the popular federal rescue initiative passed by...

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How The SBA Helps SMBs Go Cross-Border
How The SBA Helps SMBs Go Cross-Border
September 25, 2020  |  SMBs

With Main Street small- to medium-sized businesses (SMBs) suffering through a downturn more ruinous than any in living memory, many that make it will do...

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