We examine the longer-term effects of the Paycheck Protection Program (PPP) and the PPP Liquidity Facility (PPPLF) on small business (SME) lending using bank-level Call Report data. To identify a ...
Banks are getting flooded with applications for a new federal government-backed loan program aimed at helping small businesses endure the Covid-19 pandemic. The $349 billion Paycheck Protection ...
WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...
One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
Third-round PPP funding was offered to help employees and keep businesses afloat Reviewed by Doretha Clemon Fact checked by Michael Rosenston The Consolidated Appropriations Act of 2021 (CAA) was ...
The U.S. Small Business Administration was the lifeline for millions of companies during the COVID-19 pandemic, guaranteeing zero-interest loans and forgiving them if the money was used for payroll ...
With the Paycheck Protection Program firmly in the rearview mirror, the SBA’s core loan programs have seen an increase in ...
WASHINGTON (Reuters) – A high-profile pandemic aid program protected about 51.1 million American jobs, the Trump administration said on Monday, as it revealed how $521.4 billion in taxpayer cash was ...
Kelly Loeffler's early moves as Small Business Administration chief signal major changes are coming for the agency's loan programs and operations. The Small Business Administration will be stepping up ...