Browsing: Small business
Small business credit card customer satisfaction declined nine points from last year (falling to 840 on a 1,000-point scale) as 91% said their business has been affected by the pandemic, according to a new survey by J.D. Power.
A few days shy of a court-ordered Nov. 19 deadline for the Small Business Administration to release the names, addresses and precise loan amounts for all Paycheck Protection Program loan recipients and all COVID-19-related Economic Injury Disaster Loan recipients, the federal judge who issued the order temporarily stayed it.
Nearly half—46%—of small business (those with 100 employees or fewer) said they have increased investment in their businesses amid the financial pressures of COVID-19, according to new research from Regions Next Step.
The administering of $669 billion in Paycheck Protection Plan loans to small businesses drove customer satisfaction with banks to a record high, according to J.D. Power’s Small Business Banking Satisfaction Survey released today.
As part of its review of Paycheck Protection Program loans totaling $2 million or more, the Small Business Administration will begin sending loan necessity questionnaires that will inform SBA’s evaluation of borrowers’ good-faith certification of their economic need.
The American Bankers Association and the Kentucky Bankers Association released a new voter education ad today thanking Rep. Andy Barr (R-Ky.) for supporting the Paycheck Protection Program during the coronavirus pandemic.
The American Bankers Association and the Colorado Bankers Association released a new voter education ad today thanking Sen. Cory Gardner (R-Colo.) for supporting the Paycheck Protection Program during the coronavirus pandemic.
The Small Business Administration and Treasury Department tonight updated the Paycheck Protection Program FAQs to address the deferral period extension granted by the PPP Flexibility Act of 2020.
ABA, Arizona Bankers Association Release New Ad Highlighting Rep. Stanton’s Support for PPP, Small Biz
ABA and the Arizona Bankers Association today released a new voter education ad thanking Rep. Greg Stanton (D-Ariz.) for supporting the Paycheck Protection Program during the coronavirus pandemic.