treasury

Lenders Ask Treasury To Focus Next PPP Round On ‘Real’ SMBs

Lenders Ask Treasury To Focus Next PPP Round On ‘Real’ SMBs
Lenders Ask Treasury To Focus Next PPP Round On ‘Real’ SMBs
April 21, 2020  |  Loans

The biggest banks in the U.S. were reportedly in talks with the Treasury on Monday (April 20) over the next round of Paycheck Protection Program...

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Today In Payments: Fed Rolls Out SMB Lending Program; Mnuchin Says Country Could Re-Open In May
Today In Payments: Fed Rolls Out SMB Lending Program; Mnuchin Says Country Could Re-Open In...
April 10, 2020  |  News

In today’s top news, the Federal Reserve has launched a multi-trillion-dollar lending program that targets smaller companies and local governments, while the demand for Small...

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IRS Launches Consumer Portal For Getting Stimulus Checks
IRS Launches Consumer Portal For Getting Stimulus Checks
April 10, 2020  |  Economy

A new IRS portal for coronavirus relief payments has been launched in conjunction with the U.S. Treasury to assist people who don’t typically file taxes. ...

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Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles PPP Loan Process
Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles...
April 07, 2020  |  News

In today’s top news, the Federal Reserve and Treasury Department are collaborating to develop a new facility to help small- to medium-sized businesses (SMBs) stay...

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Fed Plans New Facility For SMB PPP Loans
Fed Plans New Facility For SMB PPP Loans
April 07, 2020  |  Loans

The Federal Reserve is collaborating with the Treasury Department to develop a new facility to help small and medium-sized businesses (SMBs) stay afloat as the...

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Mnuchin: Community Banks Processed Almost $875M In Relief Loans
Mnuchin: Community Banks Processed Almost $875M In Relief Loans
April 03, 2020  |  Economy

In a social media post, U.S. Treasury Secretary Steven Mnuchin said community banks have helped process many of the small business Paycheck Protection Program (PPP)...

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Treasury Says SBA SMB Relief Program Is Live, Big Banks Say They’re Not Ready
Treasury Says SBA SMB Relief Program Is Live, Big Banks Say They’re Not Ready
April 02, 2020  |  Economy

Treasury Secretary Steve Mnuchin announced shortly after 7 p.m. Thursday, April 2 that the Paycheck Protection Program was live and ready to begin distributing $350...

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Venmo, Square Cash Vie For Stimulus Funds Distribution
Venmo, Square Cash Vie For Stimulus Funds Distribution
March 29, 2020  |  Payment Methods

Venmo and Cash App want to be considered as ways the U.S. government could deliver its stimulus funds to help the coronavirus-wrecked economy. Get the...

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