SBA Addresses PPP Applications from Companies with Access to Capital
In the wake of media reports of some firms qualifying for Paycheck Protection Program loans despite having access to capital markets or ...
Tag: Small business
ABA Urges House Leaders to Approve Additional Paycheck Protection Program Funding
The American Bankers Association today urged House leaders to swiftly approve a legislative package that would provide an additional $320 ...
Fed Officials Provide Additional Clarity on Paycheck Protection Program Liquidity Facility
With the Federal Reserve’s Paycheck Protection Program Liquidity Facility now up and running, officials from the Fed today shared additional ...
Senators Urge SBA to Allow E-Tran Submissions for PPP Loans During Funding Lapse
As lawmakers continue working to finalize additional funding for the Small Business Administration’s Paycheck Protection Program, a group of eight ...
Fed Makes Temporary Rule Change to Facilitate PPP Loans to Bank Directors, Shareholders
Following clarification from the Small Business Administration and Treasury Department that bank directors and shareholders may receive Paycheck Protection Program loans from their related ...
SBA Report: 1.66 Million PPP Loans Made As of April 16
As of April 16, when funding for the program was exhausted, the Small Business Administration had approved 1.66 million loans totaling $342.3 ...
PPP Funds Exhausted; SBA No Longer Accepting Loan Applications
The $349 billion authorized for Paycheck Protection Program loans has been exhausted, the Small Business Administration said today, and the ...
Fed’s Paycheck Protection Program Facility Is Up and Running
The Federal Reserve announced this morning that its Paycheck Protection Program Liquidity Facility is fully operational and available for institutions ...
State Bankers Associations Urge Congress to Increase PPP Funding
Fifty-one state bankers associations today wrote to House and Senate leaders urging them quickly increase funding for the Small Business ...
Treasury Confirms PPP Lenders May Use Scanned Documents, E-Sign
The Treasury Department today updated its frequently asked questions on the Small Business Administration’s Paycheck Protection Program to confirm that ...
