PPP loans

Footwear Company Allbirds Latest To Return PPP Loan
Footwear Company Allbirds Latest To Return PPP Loan
May 08, 2020  |  Loans

Allbirds, the New Zealand-American footwear company, will return its Paycheck Protection Program (PPP) loan. In an interview on CNBC’s “Squawk Box” on Friday (May 8), Co-Founder...

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Saving Main Street: Advocacy Groups Propose New Government Relief Programs
Saving Main Street: Advocacy Groups Propose New Government Relief Programs
May 08, 2020  |  Retail

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. Government program subsidies and loans have been snapped up by...

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Will PPP’s Lack Of Clarity Fail To Protect SMBs And Paychecks?
Will PPP’s Lack Of Clarity Fail To Protect SMBs And Paychecks?
May 08, 2020  |  Commentary

During last week’s On The Agenda discussion of the many twists and turns that now characterize the PPP program, Karen Webster, Planters First Bancorp CEO Dan Speight, Ingo Money CEO...

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Treasury Extends Deadline To Return PPP Loans To May 14
Treasury Extends Deadline To Return PPP Loans To May 14
May 07, 2020  |  Loans

One week. That’s how much time Paycheck Protection Program (PPP) loan recipients have to return their loan if they can’t meet the updated rules from...

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Showdown: California Firm Zumasys Sues SBA And Treasury Over PPP Loan
Showdown: California Firm Zumasys Sues SBA And Treasury Over PPP Loan
May 07, 2020  |  Legal

As the deadline looms for businesses to return Paycheck Protection Program (PPP) loans they were ineligible for, a California software company is suing the Small...

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NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
May 06, 2020  |  Loans

The Paycheck Protection Program (PPP) was intended to extend forgivable loans to businesses struggling to pay workers and stay afloat amid the coronavirus pandemic. Instead,...

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Two Men Charged In First US Case Of PPP Stimulus Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020  |  Security & Fraud

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a...

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COVID Report: Organizing A Recovery
COVID Report: Organizing A Recovery
May 06, 2020  |  Economy

Making history many times over, the U.S. government passed $3 trillion as a life-support effort for American businesses, with a focus on preserving the nation’s...

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Federal, State Investigators Question Wells Fargo Over PPP Loans
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020  |  Security & Fraud

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. A regulatory filing on Tuesday (May 5)...

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