Maryland Bank CEO Reflects on First Round of PPP Applications
With the SBA’s Paycheck Protection Program set to re-opening for applications tomorrow, a Maryland bank CEO this weekend recounted his ...
Tag: Coronavirus
SBA Announces Measures Aimed at Smoothing Operations Ahead of Paycheck Protection Program Restart
With the U.S. Small Business Administration expecting a high volume of Paycheck Protection Program loan applications when the E-Tran system ...
SBA Issues Guidance on Calculating Max PPP Loan Size
With the Small Business Administration reopening its E-Tran system for Paycheck Protection Program applications on Monday morning, SBA last night ...
SBA to Resume Taking PPP Applications on Monday at 10:30 a.m. EDT
The Small Business Administration will resume taking Paycheck Protection Program loans via its E-Tran platform on Monday morning at 10:30 ...
ABA, Consumer Group Ask FCC to Provide Immediate Relief to Facilitate COVID-19-Related Calls
As banks seek to contact customers with COVID-19-related information, ABA and the National Consumer Law Center on Thursday urged the ...
IRS Issues 88 Million Economic Impact Payments as of April 17
A total of 88 million Americans received economic impact payments totaling $158 billion within the first three weeks of the ...
New SBA Rule Clarifies PPP Borrower Eligibility
The Small Business Administration today issued an interim final rule clarifying several issues around borrower eligibility for the Paycheck Protection ...
Fed to Suspend Six-Withdrawal Limit on Transfers from Savings Accounts
The Federal Reserve announced today that it would provide relief from the six-per-month limit on transfers or withdrawals from savings ...
Fed Announces Additional Actions to Support Intraday Credit
The Federal Reserve tonight announced several temporary actions—which will take effect upon publication in the Federal Register—to increase the availability ...
Fed to Disclose Borrowers, Loans Made in CARES Act-Funded Facilities
The Federal Reserve today announced plans for monthly disclosures of participants in its lending facilities backed by funds authorized by ...
