Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed compani…

President Trump touted the federal government’s Paycheck Protection Program on Friday, claiming the initiative designed to help small businesses has already processes over $3 billion worth of loans. Jim Axelrod reports on a disturbing technical glitch that so…

Veteran watchdogs of the financial industry bailout and recovery warn about potential for abuse of coronavirus funds.

On first day, small business loan application process plagued with problems.

Three of the nation's four largest lenders initially wouldn't take loan applications, leaving borrowers in the dark.

Three of the nation's four largest lenders initially wouldn't take loan applications, leaving borrowers in the dark.

The federal government promised relief funding would be up and running today. But small business owners are met with bank delays and broken webpages, and some have been turned away completely. Customers turned to Twitter to express their frustration — one com…

Business owners say the process for tapping the $349 billion program is creating "confusion and uncertainty."

JPMorgan Chase & Co , the largest U.S. lender by assets, started accepting at Friday midday applications for loans from the federal government's paycheck protection program, according to a post on the bank's website.

Trump’s Paycheck Protection Program (PPP) has already on its first day pushed out more than $620 million to small businesses nationwide.

The US government began offering $350 billion in small business loans via private banks on Friday. The interest rate was doubled on the aid after smaller lenders complained the original 0.5% rate would create losses. Larger banks like JPMorgan Chase had warne…

President Donald Trump’s Paycheck Protection Program (PPP) through the Department of Treasury and Small Business Administration has already on its first | Economy

The banking industry has had less than a week to prepare for the $349 billion loan program for small businesses.

The current economic crisis differs from any other in American history, so it demands a policy response that's innovative enough to address it.

The administration announced it was adjusting the terms of the loans to make them more palatable for banks.

Part of the coronavirus stimulus bill, it picks up payroll costs for employers.

Starting this week, small businesses can apply for two federal government programs that could help them weather the coronavirus crisis. Applications for Economic Injury Disaster Loans are now open on the Small Business Administration's (SBA) website. Applicat…

Venture-backed startups could get very little of the $349 billion earmarked for small businesses struggling to keep workers and remain open during the coronavirus crisis. If another company or investor owns a controlling stake in your startup, the SBA require…

The federal government's disaster relief program provides loans and grants through two avenues: The Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). PPP offers up to $10 million to employers and independent contractors who retain w…

The new $2.2 trillion stimulus package signed into law by President Trump last week will provide more than $300 billion in loans to small businesses. The loans are meant to help struggling businesses pay their employees during the economic crisis caused by th…

"They came into their riches by participating in what experts say is the theft of as much as $80 billion — or about 10 percent — of the $800 billion handed out in a Covid relief plan known as the Paycheck Protection Program, or PPP. That’s on top of the $90 billion to $400… https://t.co/grKxomgL25

RT @HotelMgmtMag: AHLA, SBA secure new Paycheck Protection Program guidelines for hotels https://t.co/kWpsUsBwxL

AHLA, SBA secure new Paycheck Protection Program guidelines for hotels https://t.co/kWpsUsBwxL

AHLA and SBA Secure Paycheck Protection Program for Hotel Industry: Eligibility changes protect loans to tens of thousands of hotels https://t.co/1xtDQMh6su https://t.co/pHxmbrbrES

Discover the untapped potential of the Employee Retention Tax Credit (ERC) for your business! Unlike the Paycheck Protection Program (PPP), the ERC is a refundable tax credit paid directly by the IRS. Learn more: https://t.co/D7mKyYy2zp #ERC #TaxCredit #FinancialOpportunity https://t.co/iWQPShrKZb

Following months of collaboration with @AHLA and hotel owners across the U.S., the @SBAgov issued new Paycheck Protection Program eligibility guidelines #HotelBusiness #AHLA #smallbusiness #hotels #hotelnews #hospitality #hospitalitynews #lodging https://t.co/JVCYWOHEk1

A Romeoville woman has been charged with fraudulently obtaining $41,666 in Paycheck Protection Program loan funds and $4,710 in unemployment benefits from Illinois. https://t.co/dSuVlCHSg8

Six defendants in new York are being indicted for submitting fraudulent loan applications totaling nearly $15 million to the Paycheck Protection Program. https://t.co/QDt1B9sxUR https://t.co/nKwQvFppCc

Romeoville woman charged with $41,666 Paycheck Protection Program loan fraud https://t.co/a7f5pyISCn Download Now https://t.co/WKKffT0XKb

A Romeoville woman has been charged with fraudulently obtaining $41,666 in Paycheck Protection Program loan funds and $4,710 in unemployment benefits from Illinois. https://t.co/EmGZSskMzt

The IRS is expanding audits of Employee Retention Tax Credits (ERTC) and Paycheck Protection Program (PPP) loans. HFM Partners Mitch Dubick and Josh Katz explain more here: https://t.co/vvkB2qQyv7 #sdlaw #taxlaw #irsaudit https://t.co/SeULuTTj1E

Selling drugs and getting PPP. “Records show both Andrews and his father received $20,000 coronavirus emergency relief loans as part of the federal Paycheck Protection Program, listing themselves as owners of Evanston-based businesses” https://t.co/KoeHKz6NrG

RT @MurrTerri: .@realDonaldTrump - Please save construction jobs by signing legislation into law that blocks a surprise federal tax increas…

San Mateo-based software company Fujisoft Inc. will pay over $1 million for violating the rules of the Paycheck Protection Program, a loan for pandemic-related economic relief intended for small businesses. https://t.co/XAdAAr0hci

RT @Florenc39933400: @tommyboy0690 @nypost First Trump used 'his' Paycheck Protection Program. Which was supposed to go to U.S. small busin…

Four Arizona Swindlers Sentenced for Paycheck Protection Program Fraud: Four Arizona residents were sentenced to significant prison terms for schemes to fraudulently obtain millions of dollars in Paycheck Protection Program loans. https://t.co/7vRShuOI9L

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @WakeUp1212: @SenKatieBritt Tom Brady's company TB12 received more than $960,000 PPP loan. NFL quarterback Tom Brady's sports performanc…

Baltimore man spent COVID money on car, luxury apartment, stashed cash in heater, feds say https://t.co/O4A7fAujDI

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

A Baltimore man pleaded guilty in federal court to spending COVID loan money on a Mercedes-Benz, a luxury apartment near Camden Yards, and tried to hide $30,000 in a heater in his apartment, according to federal prosecutors. https://t.co/jIuSPhG1Q5

RT @hashed_tags: @BrianStewartOH https://t.co/TFZjBic1Kr You going to pay this back ? https://t.co/R9VGd9Khj5

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…

RT @jenaglez: @RepMTG Didn't you donate $450,000 to your own campaign after receiving a six-figure Paycheck Protection Program loan from t…

RT @shoathree: Blackburn sure likes to call helping struggling Americans out Socialism But she sure loved the PPP Loan Forgiveness to busi…