ABA, Groups Call for Extension of PPP Application Period
As the Small Business Administration prepares to wind down the Paycheck Protection Program, the American Bankers Association and a coalition ...
Tag: Coronavirus
SBA Updates Guidance for Lenders on Revising Schedule C PPP Applications
The Small Business Administration over the weekend updated its Paycheck Protection Program FAQs and calculation guidance documents to reflect new ...
Bipartisan Bills Introduced to Extend Paycheck Protection Program
Reps. Nydia Velasquez (D-N.Y.) and Blaine Luetkemeyer (R-Mo.) yesterday introduced a bipartisan bill that would extend the deadline for new ...
COVID-19 Turns One: Lessons Learned from a Global Health Crisis
The banking industry can be proud of how it stepped up—virtually overnight—to keep society moving in the face of perilous ...
Financial, Consumer Groups Urge Yellen to Shield EIPs from Garnishment
As Congress today passed the $1.9 trillion COVID-19 relief bill—which includes an additional round of economic impact payments for eligible ...
House Passes Final Version of COVID-19 Relief Bill
By a vote of 220 to 211 today, the House passed the Senate-amended version of the $1.9 trillion COVID-19 relief ...
Banking Agencies to Allow Treasury’s Emergency Capital Investments to Count as Bank Capital
The Federal Reserve, FDIC and OCC today announced an interim final rule allowing Treasury investments made to community development financial ...
PPP Loan Helped D.C. Business Survive Pandemic
President Biden today visited W.S. Jenks & Son, a D.C.-area hardware store that—according to Small Business Administration data—received a Paycheck ...
ABA, Groups Urge Congress to Shield EIPs from Garnishment
As Congress prepares to pass the $1.9 trillion COVID-19 relief bill—which includes another round of $1,400 economic impact payments—the American ...
Agencies Update FAQs on Coronavirus, CRA Activities
The banking agencies today updated a list of frequently asked questions related to the Community Reinvestment Act and the coronavirus ...
