PPP

The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for their payroll and certain other costs.

Source: en.wikipedia.org

SBA Revises Guidance On PPP Loan Forgiveness
SBA Revises Guidance On PPP Loan Forgiveness
May 13, 2020  |  Loans

The Paycheck Protection Program (PPP) has been nothing if not fluid. The initiative to extend hundreds of billions of dollars in loans to SMBs, which...

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Today In Payments: $120B In PPP Loans Still Available; Amazon Reportedly Eyeing Beleaguered AMC Theatres
Today In Payments: $120B In PPP Loans Still Available; Amazon Reportedly Eyeing Beleaguered AMC Theatres
May 12, 2020  |  News

In today’s news, the small business Paycheck Protection Program still has $120 billion available, and Amazon is reportedly looking to buy AMC Theatres. Plus, the...

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$120B Still Available As Appetite For PPP Loans Slows
$120B Still Available As Appetite For PPP Loans Slows
May 12, 2020  |  Loans

The small business Paycheck Protection Program (PPP) still has $120 billion available as the appetite for the forgivable loans slows down, according to recent Small...

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What Lenders Are Learning About Emerging PPP Loan Fraud
What Lenders Are Learning About Emerging PPP Loan Fraud
May 12, 2020  |  Security & Fraud

In the mad dash to secure Paycheck Protection Program (PPP) funds, small businesses have faced confusion, anxiety and often a lack of clarity as to...

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Mnuchin Wants To Fix Restaurants’ PPP Woes
Mnuchin Wants To Fix Restaurants’ PPP Woes
May 11, 2020  |  Loans

Treasury Secretary Steven Mnuchin said he wants to tweak the rules of the Paycheck Protection Program (PPP) to accommodate restaurants stuck between a rock and...

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Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom To Test June IPO
Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom...
May 11, 2020  |  News

In today’s top news, Mastercard vows to connect 1 billion people to the digital economy by 2025, and Vroom is looking at filing an initial...

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Deadline Looms For Five Firms To Return PPP Loans
Deadline Looms For Five Firms To Return PPP Loans
May 11, 2020  |  Loans

Five publicly traded companies have until midnight on Monday (May 11) to return their Payroll Protection Program (PPP) loans or explain why they should be...

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Mnuchin Predicts Economic Pickup, Urges Caution On Greater Stimulus
Mnuchin Predicts Economic Pickup, Urges Caution On Greater Stimulus
May 11, 2020  |  Economy

In an interview, U.S. Treasury Secretary Steven Mnuchin predicted that the economy would be improving “as we go into the summer and we reopen the...

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The New Reality For Main Street, Freelancers Amid The Coronavirus
The New Reality For Main Street, Freelancers Amid The Coronavirus
May 11, 2020  |  Today In Data

The post-pandemic reality is setting in for Main Street retail even though the crisis is hardly over, while Paycheck Protection Program (PPP) loan guidance issued in late April marked...

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