loans

Cannabis Companies Would Be Eligible For COVID-19 Relief Under Bill
Cannabis Companies Would Be Eligible For COVID-19 Relief Under Bill
April 24, 2020  |  Loans

Representatives from Colorado and Oregon, states known for liberal cannabis laws, want the cannabis industry to be included in future Paycheck Protection Program (PPP) legislation....

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Treasury Directs Public Firms To Return Small Business PPP Money
Treasury Directs Public Firms To Return Small Business PPP Money
April 24, 2020  |  Loans

The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if...

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What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
April 24, 2020  |  Loans

The rollout of the Paycheck Protection Program (PPP) aimed at small- to medium-sized businesses (SMBs) has, by any account, been a wild ride to date....

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$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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