WEST READING, Pa.--(BUSINESS WIRE)-- Customers Bank (NYSE: CUBI), one of the nation’s top Paycheck Protection Program (PPP) Lenders in 2020, began late yesterday to take applications for the new round ...
Most owner-operators and small fleets will qualify for a new, simpler loan forgiveness application for Paycheck Protection Program participants, meaning a virtual guarantee of turning their loan into ...
The Paycheck Protection Program is in its third round, though small businesses still face a steep learning curve in figuring out how to access the funds they need to keep operating. Nonbank fintechs ...
The US Small Business Administration (SBA) and Treasury on Tuesday published updated Paycheck Protection Program (PPP) loan forgiveness guidance and forms, including a one-page application for ...
RICHMOND, Va.--(BUSINESS WIRE)-- Blue Ridge Bank, N.A. (“Blue Ridge Bank”), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), announced today their continued ...
The PPP Extension Act of 2021 would extend the March 31 deadline to June 30 for businesses interested in a loan. The process for effectively turning a PPP loan into a grant had been simplified since ...
Many small-business owners are completing their Paycheck Protection Program (PPP) loan applications and are running into common questions and roadblocks. The immediate question right now revolves ...
The Paycheck Protection Program (PPP) — the U.S. government’s lifeline for small businesses during the Covid-19 pandemic — sent out a total of nearly $800 billion to help companies keep staff on their ...
The COVID-19 pandemic has hit U.S. small businesses very hard. In March, Congress created the Paycheck Protection Program as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to ...
Measures implemented by the U.S. Small Business Administration (SBA) to screen for potential fraud in Paycheck Protection Program (PPP) applications continue to cause stress and delays in the system, ...
For businesses continuing to struggle through the economic downturn caused by the pandemic, there is some good news: Most lenders are now accepting applications for the second round of PPP loans. For ...