small business

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

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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Fed Bets Trillions In SMB Lending That Consumers Will Return
Fed Bets Trillions In SMB Lending That Consumers Will Return
April 10, 2020  |  Loans

A quick recovery may be in the cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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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...

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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...

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NFIB Survey Shows SMB Optimism Slips Amid COVID-19
NFIB Survey Shows SMB Optimism Slips Amid COVID-19
April 07, 2020  |  Economy

Recent surveys and data points show that the sanguine outlook held by small and medium-sized businesses (SMBs) coming into 2020 — underpinned by rising revenues,...

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The COVID-19 Eclipse Darkens Main Street Commerce
The COVID-19 Eclipse Darkens Main Street Commerce
April 07, 2020  |  Economy

The 1918 Influenza pandemic. The Great Depression. World War II. The 9/11 attacks. The HIV epidemic of the 1980s and 1990s. Such events demarcate and...

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SBA Computer System Crash Further Tangles PPP Loan Process
SBA Computer System Crash Further Tangles PPP Loan Process
April 07, 2020  |  Loans

The Paycheck Protection Program (PPP) introduced April 3 is experiencing more setbacks as the Small Business Administration (SBA) works to solve computer system problems, according...

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Global Bankers Release $500B In Capital To Facilitate Lending
Global Bankers Release $500B In Capital To Facilitate Lending
April 05, 2020  |  Loans

Financial regulators have made $500 billion in capital available for lenders around the world, which gives lenders the freedom for another $5 trillion of loans...

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COVID-19 Cash Flow, Grocery Payments, Lyft Driver ‘Referrals’ Top This Week’s News
COVID-19 Cash Flow, Grocery Payments, Lyft Driver ‘Referrals’ Top This Week’s News
April 03, 2020  |  News

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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