Paycheck Protection Program News, Photos, Videos and Tweets

New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

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…

paycheck protection program - TechCrunch
10:53am PDT - April 4th, 2020

Federal small business loan site reveals users' personal data

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…

paycheck protection program - CBS News
4:52am PDT - April 4th, 2020

Experts warn about big dollar fraud in $2.2 trillion coronavirus relief package

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

paycheck protection program - ABC News
1:08am PDT - April 4th, 2020

Banks scramble to make small business loan applications available

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

paycheck protection program - ABC News
3:09pm PDT - April 3rd, 2020

Small businesses ready for Paycheck Protection Program, but banks aren't

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

paycheck protection program - CBS News
2:32pm PDT - April 3rd, 2020

Businesses ready for Paycheck Protection Program, but banks aren't

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

paycheck protection program - CBS News
2:32pm PDT - April 3rd, 2020

'We don't get lifeboats': Entrepreneurs are raging on Twitter after banks turn away desperate business owners who were promised government relief today

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…

paycheck protection program - Business Insider
2:28pm PDT - April 3rd, 2020

Small businesses applying for Paycheck Protection Program express frustration — and fear

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

paycheck protection program - CBS News
12:28pm PDT - April 3rd, 2020

JPMorgan says now accepting applications for federal loan program

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.

paycheck protection program - Reuters
12:08pm PDT - April 3rd, 2020

‘Main Street Rescue’: Trump Admin Loans Hundreds of Millions in 1 Day

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

paycheck protection program - Breitbart News
10:17am PDT - April 3rd, 2020

The US government doubled the interest rate on coronavirus bailout loans for small businesses after banks complained they would lose money

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…

paycheck protection program - Business Insider
8:43am PDT - April 3rd, 2020

‘Main Street Rescue’: Trump Admin Loans Hundreds of Millions in 1 Day

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

paycheck protection program - Breitbart News
8:12am PDT - April 3rd, 2020

Millions to seek Paycheck Protection Program loans today

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

paycheck protection program - CBS News
6:13am PDT - April 3rd, 2020

Paycheck Protection Program Provides Small Businesses with Resources to Bridge the Crater Between Two Economic Peaks

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

paycheck protection program - Breitbart News
7:37pm PDT - April 2nd, 2020

Trump vows small business rescue will launch despite bank backlash

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

paycheck protection program - Politico
3:46pm PDT - April 2nd, 2020

'Paycheck Protection Program' Launches Friday

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

paycheck protection program - The Huffington Post
1:21pm PDT - April 2nd, 2020

2 entrepreneurs gave us the exact applications they used to get government funding so they can pay rent and keep employees during coronavirus

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…

paycheck protection program - Business Insider
11:49am PDT - April 2nd, 2020

How to figure out if your startup qualifies for coronavirus relief funding — and what options you have if it doesn't

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…

paycheck protection program - Business Insider
8:31am PDT - April 2nd, 2020

Businesses could get up to $10 million in loans forgiven through the CARES Act, if you can avoid coronavirus layoffs. Here's how to apply.

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…

paycheck protection program - Business Insider
7:03am PDT - April 1st, 2020

Restaurant owners can use money from the new stimulus package to pay their employees the equivalent of the cash tips they're missing out on. Here's how it works.

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…

paycheck protection program - Business Insider
2:11pm PDT - March 30th, 2020