Santander to apply for slice of RBS small business lending funds, Bloomberg says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Small Business Administration readies $16B in relief funds for live venues
Starting April 8, live event businesses like museums, music clubs or independent movie theaters may apply for grant relief funding from a $16 billion program, the Small Business Administration announced Friday. “For museums, music venues, per.....»»
Chuck Schumer suggests Congress could vote on $900 billion stimulus package on Sunday after lawmakers break stalemate on Fed lending
The package is expected to include $600 stimulus checks, $300 federal unemployment benefits, funds for vaccine distribution, and small business aid. Senate Minority .....»»
SBA regional director: New PPP funds will run out fast, despite slow start
The Small Business Administration expects the second round of Paycheck Protection Program funds to run out faster than the first round — so don't wait to apply......»»
The Government’s Small Business Loan Program Is Lending Money Again. Here’s How to Apply
Everything small business owners need to know about the renewed Payroll Protection Program (PPP)......»»
The Government’s Small Business Loan Program Is Lending Money Again. Here’s How to Apply
Everything small business owners need to know about the renewed Payroll Protection Program (PPP)......»»
The Government’s Small Business Loan Program Is Lending Money Again. Here’s How to Apply
Everything small business owners need to know about the renewed Payroll Protection Program (PPP). Thuy Pe.....»»
Key Words: ‘It’s a complete abomination’ says Wall Street money manager about hedge funds applying for bailouts from small-business recovery funds
The Bloomberg News article makes the case that hedge funds, which tend to charge 2% fees for managing other people’s money and take 20% of the profits from their bets, are enticed by the roughly $350 billion recovery package......»»
The Paycheck Protection Program: Uncertainty Reigns
A week into the U.S. government's unprecedented $349 billion lending program, many embattled small-business owners still don't know when their funds will arrive......»»
With rare SBA license in hand, nonprofit Arkansas Capital will fund startup loans in Missouri
The SBA hasn't awarded a small business lending company license in 40 years. One of the three recent recipients plans to set up shop in Missouri......»»
Energize Colorado boosts local economy with $14M in lending to small businesses
In a game-changing move for the state’s economy, Energize Colorado announces it has injected $14 million in low-interest loans to over 300 local small business owners across various industries, supporting a sector that is the backbone of the stat.....»»
Strategies: What women-owned small businesses need to know to about digitizing their business
Until 1988, women needed a male relative to co-sign to apply for a business loan. Today, according to the Small Business Administration, there are more than 13 million women-owned businesses. I’ve spent my entire career working with small busin.....»»
Data Dive: Sacramento businesses received $28.7M in statewide Covid relief grants
Small businesses and nonprofits in the Sacramento area received 2,803 grants totaling more than $28 million in funds from the first two rounds of the California Small Business Covid-19 Relief Program......»»
American Express investing $40 million in small-business support organization
American Express Corp. said it's investing $40 million in the Accion Opportunity Fund to support small-business lending. The New York-based financial giant (NYSE: AXP) said its investment is the largest ever to the fund, which serves a client b.....»»
Biden signs PPP small-business aid extension into law one day before it was set to expire
Small businesses can now apply for aid from the Paycheck Protection Program through May 31, and applications will be processed through June 30. President Joe Biden. AP Photo/Evan Vucci Biden .....»»
The PPP deadline is poised to be extended. Here"s how long small businesses have to apply.
Small business advocacy groups and lenders have pushed for an extension for weeks......»»
Fed extends small business aid lending program by 3 months
The Paycheck Protection Program itself is expiring March 31, but its liquidity facility will run through June. That will help small fi.....»»
Bank of America opening branches, expanding small-business lending in NE Ohio
The bank also is expanding its business banking in Ohio......»»
SBA guidance on how to apply for more PPP funds: How to get the most assistance out of the most difficult time
To provide additional assistance to small businesses, The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act or Act), signed into law on .....»»
NerdWallet: PPP loan forgiveness for small businesses: What’s eligible, when and how to apply
Here's a guide to help business owners better understand the daunting process of applying for PPP loan forgiveness......»»
McDonald’s, Subway and other franchises got $15.6 billion in small-business funds
In total, SBA identified 75,746 franchise businesses that received loans under the small-business pandemic loan program......»»