PYMNTS-MonitorEdge-May-2024

small businesses

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

Source: en.wikipedia.org

JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
April 22, 2020  |  Loans

While the Payment Protection Program (PPP) was aimed in part at mom-and-pop businesses – and is run through the Small Business Administration (SBA) – it...

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Ex-Starbucks CEO Howard Schultz: Small Restaurants Need More Than PPP Loans
Ex-Starbucks CEO Howard Schultz: Small Restaurants Need More Than PPP Loans
April 22, 2020  |  Coronavirus

According to ex-Starbucks CEO Howard Schultz, a $1 trillion ‘bridge to a vaccine’ may be the only way to save small businesses from going under....

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Small Businesses Question Handling Of US Stimulus Loans
Small Businesses Question Handling Of US Stimulus Loans
April 20, 2020  |  Loans

As Congress was poised on Monday (April 20) to replenish funds for its small business loan program, complaints persist about how previous funds were doled...

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Mnuchin: Deal On New PPP Funding Near
Mnuchin: Deal On New PPP Funding Near
April 19, 2020  |  Coronavirus

Treasury Secretary Steven Mnuchin, along with Democratic leaders, said they are close to closing a deal that would lend more money to small businesses struggling...

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Navigating COVID-19 IV: Paycheck-to-Paycheck Life Gets More Dire By The Day
Navigating COVID-19 IV: Paycheck-to-Paycheck Life Gets More Dire By The Day
April 14, 2020  |  Coronavirus

Within a month of the announcement that COVID-19 was an official pandemic, the global economy – and America’s in particular – were already on the...

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Street Cred: How One Spa Entrepreneur Is Navigating The COVID-19 Crisis
Street Cred: How One Spa Entrepreneur Is Navigating The COVID-19 Crisis
April 14, 2020  |  Coronavirus

It’s hard to find a retail resume that’s more impressive than Joyce Hampers’. It starts with an undergrad degree from Boston College and a law...

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Trump Wants New Business Relief Pushed Through As-Is
Trump Wants New Business Relief Pushed Through As-Is
April 10, 2020  |  Coronavirus

A partisan standoff on Capitol Hill over additional small business funding prompted President Trump on Friday (April 10) to urge Congress to pass the measure...

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Fed’s $2.3T Targets Governments, ‘Main Street’ SMBs
Fed’s $2.3T Targets Governments, ‘Main Street’ SMBs
April 09, 2020  |  Loans

The Federal Reserve said it would offer as much as $2.3 trillion in loans aimed at shoring up small to mid-sized businesses, U.S. households and...

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64 Pct Of Consumers Want Government To Save SMBs
64 Pct Of Consumers Want Government To Save SMBs
April 08, 2020  |  Coronavirus

Hundreds of billions of dollars, earmarked to save small to mid-sized businesses. And according to more than 2,000 consumers queried by PYMNTS as part of...

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