After a bumpy rollout the Paycheck Protection Program ended up being a crucial lifeline to millions of businesses last year and distributed over 5 million loans totaling over half a trillion dollars.
The Federal Reserve will backstop the Small Business Administration’s emergency loan program, as lenders continue to work through logistical challenges in disbursing money to Main Street amid the ...
The American Rescue Plan Act of 2021 permits Shuttered Venue Operators to apply for both Paycheck Protection Program loans and Shuttered Venue Operator Grants. The American Rescue Plan Act, signed ...
Businesses with fewer than 20 employees will get priority to apply for loans. President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week ...
By Jonathan Stempel Jan 7 (Reuters) - A unit of KeyCorp will pay $7.77 million to resolve allegations that the large regional ...