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

Why Larger Firms May Soon Face The Same (Cash) Pressures As Main Street SMBs
Why Larger Firms May Soon Face The Same (Cash) Pressures As Main Street SMBs
May 11, 2020  |  Loans

The conventional wisdom may be that larger firms — especially public ones — are able to weather the economic storm more adroitly than smaller brethren....

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PPP Program Still Has $125B Left
PPP Program Still Has $125B Left
May 08, 2020  |  Loans

President Donald Trump and Congress wasted no time refilling the Paycheck Protection Program’s (PPP) coffers after the popular loan initiative ran out of cash in...

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Today In Payments: Samsung Pay Launches Debit Card; Apple Introduces New eCommerce Portal
Today In Payments: Samsung Pay Launches Debit Card; Apple Introduces New eCommerce Portal
May 08, 2020  |  News

In today’s top news, Samsung Pay is launching a debit card and a money management tool, and Apple has introduced a new ecommerce portal. Plus,...

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New PPP Loan Rules On Student Workers Offers Break To Colleges
New PPP Loan Rules On Student Workers Offers Break To Colleges
May 06, 2020  |  Loans

Colleges suffering from lost revenues during the pandemic may have a better chance now as clarifications to the Paycheck Protection Program’s (PPP) rules say these...

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Senators Push FTC To Shield SMBs From PPP Scams
Senators Push FTC To Shield SMBs From PPP Scams
May 06, 2020  |  Security & Fraud

A group of senators is asking the Federal Trade Commission (FTC) to take more steps to protect small- to medium-sized business (SMB) owners from scams...

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More Than Half of SMBs Might Not Have Enough Cash To Make It Through Crisis
More Than Half of SMBs Might Not Have Enough Cash To Make It Through Crisis
May 06, 2020  |  SMBs

Almost 60 percent of SMB retailers say they might not have enough cash on hand to get through the pandemic’s economic gut-punches, according to PYMNTS research....

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Today In Payments: Investigators Question Wells Fargo Over PPP Loans; Visa Leads Latest Funding For FinTech Nium
Today In Payments: Investigators Question Wells Fargo Over PPP Loans; Visa Leads Latest Funding For...
May 06, 2020  |  News

In today’s top news, officials are investigating wells Fargo regarding its management of Paycheck Protection Program (PPP) loans, and Visa led the latest funding round...

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ADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
ADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
May 06, 2020  |  Economy

The pandemic has spared no one on Main Street – the fallout has touched everyone, from the smallest of storefronts to the largest of mid-sized...

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PPP Loan Program’s Flaw: It Pays To Be Jobless
PPP Loan Program’s Flaw: It Pays To Be Jobless
May 05, 2020  |  SMBs

The $2.2 trillion CARES Act passed by Congress last month brought good news for the unemployed workers and small businesses. For anyone collecting unemployment insurance,...

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