loans

$484B Stimulus Bill Heads To President Trump For Signature
$484B Stimulus Bill Heads To President Trump For Signature
April 23, 2020  |  Loans

The House of Representatives on Thursday (April 23) passed a $484 billion bill for more financial aid for small- to medium-sized businesses (SMBs) and others...

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CRIF Realtime Launches Tools For SMBs To Calculate Coronavirus Risks
CRIF Realtime Launches Tools For SMBs To Calculate Coronavirus Risks
April 23, 2020  |  B2B Payments

To help small- to medium-sized businesses (SMBs) in the U.K. struggling because of the coronavirus pandemic, CRIF Realtime is rolling out a new array of...

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FinTechs Take A Regional Approach To SMB COVID-19 Relief
FinTechs Take A Regional Approach To SMB COVID-19 Relief
April 23, 2020  |  B2B Payments

With Congress having passed renewed funding for the Paycheck Protection Program (PPP), another round of small- to medium-sized business (SMB) coronavirus relief loans is on...

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PPP Loans Could Trigger Treasury Investigation
PPP Loans Could Trigger Treasury Investigation
April 23, 2020  |  Coronavirus

Companies that received Paycheck Protection Program (PPP) loans could face investigations if they did not meet the criteria for coronavirus relief, U.S. Treasury Secretary Steven...

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SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
April 23, 2020  |  Loans

Some small businesses that received forgivable loans under the Paycheck Protection Program (PPP) say they won’t be able to rehire every employee laid off during...

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Texas Hotelier Nets $59M In PPP Loans
Texas Hotelier Nets $59M In PPP Loans
April 23, 2020  |  Loans

The biggest benefactor of the Paycheck Protection Program (PPP) is a Dallas, Texas-based hotelier named Monty Bennett, who has received $59 million from the program...

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Nikola Motor CEO Defends $4M In PPP Funds
Nikola Motor CEO Defends $4M In PPP Funds
April 22, 2020  |  Loans

Trevor Milton, the CEO and founder of Nikola Motor Company, is defending his company’s receipt of $4.1 million from the Small Business Administration’s (SBA’s) Paycheck...

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The Paycheck Protection Program, Round Two
The Paycheck Protection Program, Round Two
April 22, 2020  |  Loans

U.S. small businesses have been waiting on pins and needles for Capitol Hill to determine the future of the Paycheck Protection Program (PPP), and now...

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JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
April 22, 2020  |  Loans

While the Payment Protection Program (PPP) was aimed in part at mom-and-pop businesses – and is run through the Small Business Administration (SBA) – it...

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