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

Goldman Pledges Another $250M For SMB Loans, Aims To Help Minority-Owned Businesses
Goldman Pledges Another $250M For SMB Loans, Aims To Help Minority-Owned Businesses
June 15, 2020  |  Loans

Goldman Sachs has upped the ante by another $250 million in the amount of capital it is providing for a federal loan program aimed at...

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Senators Look To Extend PPP Loans To Include More SMBs
Senators Look To Extend PPP Loans To Include More SMBs
June 10, 2020  |  Loans

A group of Democratic senators has introduced a new Paycheck Protection Program (PPP) for small businesses with 100 or fewer employees, including sole proprietorships and...

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Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
June 10, 2020  |  Economy

The Paycheck Protection Program (PPP) has supported over three-quarters of the small- to medium-sized business (SMB) payroll in 50 states, Treasury Secretary Steven Mnuchin said...

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Innovation Or Annihilation: The Choice Restaurants Face As Recovery Revs Up
Innovation Or Annihilation: The Choice Restaurants Face As Recovery Revs Up
June 08, 2020  |  Restaurant innovation

After nearly three months of closures in most places, the U.S. restaurant industry is preparing for its grand reopening with extensive safety guidelines in place....

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Behind The Euphoric May Jobs Report Are Some Troubling Signs
Behind The Euphoric May Jobs Report Are Some Troubling Signs
June 08, 2020  |  Economy

After the euphoria, perhaps a reckoning. We’ve had a weekend to digest the surprisingly strong jobs report data that debuted on Friday, where the Bureau...

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President Trump Signs PPP Loan Flexibility Legislation
President Trump Signs PPP Loan Flexibility Legislation
June 05, 2020  |  Loans

As some firms grapple with meeting pivotal standards for loan forgiveness amid the pandemic, President Donald Trump signed a bill into law on Friday (June...

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PPP Extension Hopes To Draw SMBs Before June 30 Deadline
PPP Extension Hopes To Draw SMBs Before June 30 Deadline
June 04, 2020  |  Loans

As reported, the Senate voted unanimously on Wednesday (June 3) to pass the Paycheck Protection Program Flexibility Act, which had passed the House with a...

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Senate Passes Bill To Extend PPP For SMBs
Senate Passes Bill To Extend PPP For SMBs
June 03, 2020  |  Loans

The U.S. Senate passed a bill Tuesday (June 3) amending the way the Paycheck Protection Program (PPP) works, extending the time for small- to medium-sized...

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Is Congress Finally About To Fix PPP’s Many Problems?
Is Congress Finally About To Fix PPP’s Many Problems?
May 31, 2020  |  SMBs

Congress adopted the $600 billion-plus Paycheck Protection Program (PPP) to help American small- to medium-sized businesses (SMBs) stay afloat by using forgiveness loans to keep...

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