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

JPMC Halts Non-PPP SMB Loans
JPMC Halts Non-PPP SMB Loans
April 08, 2020  |  Loans

Those looking for a loan outside of the government’s Paycheck Protection Program (PPP) won’t find it from JPMorgan Chase, which has decided to focus solely...

READ MORE >
GIACT To Help Streamline Financial Aid For SMBs In COVID-19 Payout
GIACT To Help Streamline Financial Aid For SMBs In COVID-19 Payout
April 08, 2020  |  Authentication

GIACT, which helps to verify and authenticate customers for businesses, is getting into the fray of the Paycheck Protection Program (PPP) for small- to medium-sized...

READ MORE >
SBA Struggling To Meet Demand For Relief Loans
SBA Struggling To Meet Demand For Relief Loans
April 08, 2020  |  Loans

An old computer system and too few employees are making it hard for the Small Business Administration (SBA) to meet the high demand for coronavirus...

READ MORE >
Mastercard Pledges $250M In Help For Small Businesses
Mastercard Pledges $250M In Help For Small Businesses
April 07, 2020  |  Mastercard

Recognizing that Main Street is being hard hit by the coronavirus pandemic, Mastercard committed $250 million over the next five years to support small- to...

READ MORE >
Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles PPP Loan Process
Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles...
April 07, 2020  |  News

In today’s top news, the Federal Reserve and Treasury Department are collaborating to develop a new facility to help small- to medium-sized businesses (SMBs) stay...

READ MORE >
SBA Computer System Crash Further Tangles PPP Loan Process
SBA Computer System Crash Further Tangles PPP Loan Process
April 07, 2020  |  Loans

The Paycheck Protection Program (PPP) introduced April 3 is experiencing more setbacks as the Small Business Administration (SBA) works to solve computer system problems, according...

READ MORE >
Fed Plans New Facility For SMB PPP Loans
Fed Plans New Facility For SMB PPP Loans
April 07, 2020  |  Loans

The Federal Reserve is collaborating with the Treasury Department to develop a new facility to help small and medium-sized businesses (SMBs) stay afloat as the...

READ MORE >
Bottomline CEO: How FinTech Gets Creative To Extend Coronavirus Relief
Bottomline CEO: How FinTech Gets Creative To Extend Coronavirus Relief
April 07, 2020  |  B2B Payments

It’s all hands on deck as companies across industries take measures to aid the national and global response to the coronavirus pandemic. While some firms...

READ MORE >
Rebounding From SBA’s Bumpy PPP Roll Out
Rebounding From SBA’s Bumpy PPP Roll Out
April 07, 2020  |  Loans

You could say that Friday’s (April 3) rollout of the $350 billion small business relief Paycheck Protection Program (PPP), part of the $2 trillion CARES...

READ MORE >