Stories Tagged as
Paycheck Protection Program
Bankers want businesses to know "there’s still money" for PPP loans
by
Kai Ryssdal
and Maria Hollenhorst
Jun 3, 2020
Laurie Stewart, CEO of Seattle-based Sound Community Bank, says the bank has made more than 700 loans through the program.
Federal Reserve loan program targets mid-size businesses
by
Justin Ho
Jun 3, 2020
The loans will be bigger than those from the Paycheck Protection Program — and they can't be forgiven.
As Congress weighs easing PPP rules, small businesses like what they hear
by
Justin Ho
May 27, 2020
Among the proposed changes: more time to spend and pay back the funds, fewer restrictions on how to use it
Citi plans to buy PPP loans from minority-owned lenders
by
Justin Ho
May 21, 2020
The arrangement would allow minority-owned lenders to take PPP loans off of their balance sheets.
SBA says PPP loans are getting smaller in the second round of lending
by
Justin Ho
May 20, 2020
Business advocates say that's a sign smaller businesses are finally getting the loans they applied for.
Treasury offers new guidance on PPP loan forgiveness
by
Justin Ho
May 19, 2020
The new application form for the forgiveness program offers some clarification on significant points.
Coastal states win greater share of PPP's second round
by
Justin Ho
May 8, 2020
Unlike the first round, the second round of the Paycheck Protection Program has largely favored coastal states. New York, New Jersey, California and Washington, D.C. received the most loans relative to their share of the US population.
For public good, not for profit.
Receiving a PPP loan is one thing. Having it forgiven is another.
by
Justin Ho
May 7, 2020
Businesses that have received PPP loans have to carefully manage how they spend the money if they want those loans to be forgiven.
SBA temporarily shuts out big banks and businesses from Paycheck Protection Program
by
David Brancaccio
, Nova Safo
and Alex Schroeder
Apr 30, 2020
For eight hours, only smaller banks were able to process applications.
Minority-owned businesses struggle to access emergency loans
by
Amy Scott
Apr 28, 2020
Many of their lenders were excluded from the Paycheck Protection Program.