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 On PPP Numbers: One Million Loans, $247B (So Far)
SBA On PPP Numbers: One Million Loans, $247B (So Far)
April 15, 2020  |  Loans

In just over a week, the Paycheck Protection Program (PPP) has approved more than one million loans, for a total gross dollar value, as of...

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Small Business Economic Survival Amid The Coronavirus Pandemic
Small Business Economic Survival Amid The Coronavirus Pandemic
April 14, 2020  |  Today In Data

The SBA PPP rescue relief effort started taking applications from banks on behalf of their small business customers on April 3. Many of those small and medium-sized...

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PPP Won’t Fill Main Street SMBs’ Cash Gap
PPP Won’t Fill Main Street SMBs’ Cash Gap
April 14, 2020  |  Coronavirus

Main Street small businesses have differing timeframes as to when they expect to run out of operating cash, but they all see it coming. And...

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Mark Cuban Says Banks Moving Too Slow To Help SMBs
Mark Cuban Says Banks Moving Too Slow To Help SMBs
April 13, 2020  |  Loans

Billionaire entrepreneur Mark Cuban, owner of the Dallas Mavericks and investor on the reality show “Shark Tank,” said the Paycheck Protection Program (PPP) is moving...

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Why PPP Will Be A Pivot Point For The Future Of Digital Security
Why PPP Will Be A Pivot Point For The Future Of Digital Security
April 13, 2020  |  Security & Fraud

Small businesses are hurting, which has been reflected in record unemployment numbers, the near-total shutdown of mainstream businesses and in PYMNTS data revealing that as...

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Companies Enlist Lobbyists For Stimulus Funds
Companies Enlist Lobbyists For Stimulus Funds
April 12, 2020  |  Coronavirus

Lobbyists are burning up the phone lines in Washington, D.C. as businesses from every sector rush to get their piece of the $2 trillion relief...

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PayPal Approved To Process SMB PPP Loans
PayPal Approved To Process SMB PPP Loans
April 12, 2020  |  Disbursements

PayPal has become one of the first non-bank institutions allowed to distribute loans to help small- to medium-sized businesses (SMBs) in response to the coronavirus...

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Healthcare Payments AI, Subscription Churn, Turbo Tax Tool For Stimulus Payments Top This Week’s News
Healthcare Payments AI, Subscription Churn, Turbo Tax Tool For Stimulus Payments Top This Week’s News
April 10, 2020  |  News

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Federal Reserve Facilitates $2.3T In Loans To Boost Economy
Federal Reserve Facilitates $2.3T In Loans To Boost Economy
April 09, 2020  |  Loans

In an effort to deliver more relief to the nation’s struggling small businesses and boost the economy amid the global coronavirus pandemic, the Federal Reserve...

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