Fed to Extend Paycheck Protection Program Liquidity Facility
The Federal Reserve will extend its Paycheck Protection Program Liquidity Facility until June 30, 2021, the agency announced today.
Tag: Coronavirus
Remote Control
Core conversions are hard in normal environments—how have bankers and core providers adapted to converting in a world of quarantine ...
Financial Trades Call for PPP Flexibility to Resolve Hold Codes, Process Outstanding Applications
As the Small Business Administration prepares to wind down the Paycheck Protection Program at the end of the month, the ...
Philly Fed Survey Finds 10% of Respondents Took COVID-19 Forbearance
More than 10% of respondents in a recent Federal Reserve Bank of Philadelphia survey said they had entered mortgage forbearance ...
Pandemic Spotlights Critical Links Between Childcare and the Economy
Bankers and CDFIs partner with nonprofits to keep childcare businesses open—especially for America’s vulnerable essential workers.
Treasury Announces $9 Billion Investment in CDFIs, MDIs
The Treasury Department today announced that it will invest $9 billion in community development financial institutions and minority depository institutions ...
The Financial Fraud Epidemic
As the COVID-19 pandemic turns one, bankers and cyber experts reflect on the rapid rise of scams and fraud schemes ...
Podcast: How COVID-19 Has Shifted the U.S. Demographic Outlook
One of the earliest U.S. analysts to warn about the novel coronavirus examines the rise in mortality, the accelerated decline ...
SBA Adjusts PPP Payroll Calculation For Form 1040, Schedule C Filers
The Small Business Administration has just issued an interim final rule implementing recent changes to the Paycheck Protection Program.
ABA Launches Major Ad Campaign to Raise Awareness for PPP
With the Paycheck Protection Program set to close at the end of March, the American Bankers Association today launched a ...
