Source: en.wikipedia.org
With U.S. restaurants facing prospects of losing an estimated $240 billion by year’s end, the industry has asked Congress for more financial aid as the...
As Congress was poised on Monday (April 20) to replenish funds for its small business loan program, complaints persist about how previous funds were doled...
Separate class-action lawsuits were filed against Wells Fargo, Frost Bank, JPMorgan Chase, US Bancorp and Bank of America, alleging that the financial institutions (FIs) unlawfully...
The U.S. Small Business Administration (SBA) says that nearly 5,000 lenders have approved 1.6 million loans totaling $342.2 billion under the agency’s Paycheck Protection Program. Get...
Sen. Charles Schumer (D-New York) says Democrats and the White House could “soon” agree on a new COVID-19 stimulus package, presumably including more loans for small...
Lawmakers and business leaders had high hopes for the Paycheck Protection Program (PPP): They thought it would provide the funds required for small to medium-sized businesses...
PayPal Holdings Inc., Square Inc. and Intuit Inc., three California technology companies, all wanted a piece of the federal government’s $350 billion loan program, which was...
Against a backdrop where Labor Department data showed 5.2 million additional Americans filed for unemployment, it may make sense that banks’ outlooks for the future...
There’s no more money in the Small Business Administration’s (SBA) bailout initiative. CNBC has reported that the $349 billion intended to keep small businesses afloat...