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

COVID-19 Has Devastated SMBs, But It Might Make Their Insurance Policies Better
COVID-19 Has Devastated SMBs, But It Might Make Their Insurance Policies Better
August 12, 2020  |  B2B Payments

For decades, the insurance industry is quite literally a lifeline for those affected by unfortunate events. As service providers in the business of disasters and...

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Restaurant Association Seeks Lowering Revenue Limits In New PPP Plan
Restaurant Association Seeks Lowering Revenue Limits In New PPP Plan
August 03, 2020  |  SMBs

The National Restaurant Association sent a letter to prominent U.S. political leaders in protest of a modification to the Paycheck Protection Program (PPP) that would...

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CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
August 03, 2020  |  SMBs

Howard Schultz, the former CEO of Starbucks Corp., and dozens of other top executives urged Congress to support small- to medium-sized businesses (SMBs), including providing...

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What SMB Owners’ Personal Credit Card Dependency Means For The Recovery
What SMB Owners’ Personal Credit Card Dependency Means For The Recovery
August 03, 2020  |  SMBs

For a significant number of small- to medium-sized businesses (SMBs), navigating through the economic headwinds wrought by the pandemic, in plastic they trust. And by...

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Rubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’
Rubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’
August 02, 2020  |  Loans

Senator Marco Rubio of Florida, who spearheaded the landmark Paycheck Protection Program (PPP) to help small businesses survive the coronavirus pandemic, now has to organize...

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SMBs Switch Banks Post-PPP Experience
SMBs Switch Banks Post-PPP Experience
August 02, 2020  |  SMBs

When Fathom Unlimited Inc. needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank,...

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Today In Payments: Visa Sees Gains In Online, Contactless Transactions In Q2; Starbucks Rewards Members Drop To 16.3M
Today In Payments: Visa Sees Gains In Online, Contactless Transactions In Q2; Starbucks Rewards Members...
July 29, 2020  |  News

In today’s top news, Visa reported mixed Q2 earnings, and Starbucks reported a drop in rewards members in its Q3 earnings. Plus, Mastercard offers concessions...

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Senators Want New PPP Program With Different Guidelines
Senators Want New PPP Program With Different Guidelines
July 28, 2020  |  Loans

It’s looking increasingly likely that Congress will vote on a new round of COVID-19 stimulus funding, with the Paycheck Protection Program (PPP) an increasing area...

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New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
July 23, 2020  |  Credit Unions

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by...

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