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PPP to reopen to all lenders next week, unclear how many lenders are taking applications

Another group of lenders will gain access to the portal Friday......»»

Category: topSource: bizjournalsJan 13th, 2021

PPP to reopen to all lenders next week

Another group of lenders will gain access to the portal Friday......»»

Category: topSource: bizjournalsJan 13th, 2021

Small businesses can apply for SBA-backed CARES Act loans this week

Lenders are ramping up for a flood of applications as the coronavirus stimulus package's Paycheck Protection Program — a $349 billion loan program for small businesses — takes effect. Businesses with up to 500 employees can begin applying for.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Weekly mortgage applications drop 9% as refinances pull back

The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last week. Mortgage application volume decreased 9.2% from the previous week, according to the Mortgage Bankers Association......»»

Category: realestateSource: cnbcDec 10th, 2019

Weekly mortgage applications drop 9% as refinances pull back

The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last week......»»

Category: realestateSource: cnbcDec 4th, 2019

Millennials drive mortgage refinance boom, and lenders are scrambling

Mortgage interest rates have been falling since May, especially sharply this month, so borrowers, especially millennials, are rushing to refinance. Refinance applications were up a stunning 116% this week compared with a year ago......»»

Category: realestateSource: cnbcAug 9th, 2019

U.S. purchase mortgage activity hits nine-year high: MBA

Applications to U.S. lenders seeking loans to buy a home climbed to their highest level in almost nine years last week even as mortgage rates increased for a second week, the Mortgage Bankers Association said on Wednesday......»»

Category: topSource: reutersApr 17th, 2019

: Trump reportedly dumped by lenders Deutsche Bank and Signature

Signature Bank says President Donald Trump should resign after last week's riots and Deutsche Bank is also reportedly distancing itself from him......»»

Category: topSource: marketwatchJan 12th, 2021

Hotel owners in SA, nationally seek relief from lenders as coronavirus impact spreads

Covid-19 is taking a toll on San Antonio-area hotel owners, who seek loan relief as revenues fall......»»

Category: topSource: bizjournalsMay 9th, 2020

Hotels ask lenders, Congress for relief as millions in coronavirus losses mount

The hotel sector, among the first to feel the financial squeeze due to the coronavirus spread, took an ominous turn this week as loan servicers for the first time highlighted distress at dozens of properties throughout the country......»»

Category: topSource: bizjournalsMay 4th, 2020

PPP Round 2: California businesses rake in almost twice as much as any other state

California businesses flooded lenders with the most applications for coronavirus relief money in the nation and pulled in almost twice as much money as any other state, new numbers show. Data from Round 2 of the Small Business Administration's Paycheck .....»»

Category: topSource: bizjournalsMay 4th, 2020

Homeowners should grab this emergency lifeline before it dries up

Wells Fargo and JPMorgan Chase are temporarily halting applications for home equity lines of credit. If other lenders follow suit, it could mean that homeowners will miss out on an emergency source of funding. What you should know......»»

Category: realestateSource: cnbcMay 1st, 2020

Wells Fargo temporarily stops issuing home equity lines of credit, citing ‘market conditions’

Wells Fargo said Thursday that it will no longer accept new applications for home equity lines, signaling that the economic outlook is too cloudy even for one of the nation’s largest mortgage lenders. “Wells Fargo Home Lending will temporarily st.....»»

Category: topSource: bizjournalsApr 30th, 2020

SBA opens special window for small lenders to file PPP applications

The SBA is only allowing lending institutions with less than $1 billion in assets to file Paycheck Protection Program applications from 3 p.m. to 11 p.m. CDT Wednesday......»»

Category: topSource: bizjournalsApr 29th, 2020

Inspired Updates Progress on COVID-19 Initiatives

NEW YORK, April 27, 2020 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ:INSE) recently provided an updated 13-week projected cash flow forecast to its lenders which sh.....»»

Category: earningsSource: benzingaApr 27th, 2020

Here"s when you can start applying for PPP Round 2

The U.S. Small Business Administration is readying to dole out billions more in loans for businesses nationwide. The program will start taking applications again next week......»»

Category: topSource: bizjournalsApr 25th, 2020

Here"s what the SBA is doing to get ready for PPP Round 2 and when you can start applying

The U.S. Small Business Administration is readying to dole out billions more in loans for businesses nationwide. The program will start taking applications again next week......»»

Category: topSource: bizjournalsApr 24th, 2020

Here"s what the SBA is doing to get ready for PPP Round 2 and when you can start applying

The U.S. Small Business Administration is readying to dole out billions more in loans for businesses nationwide. The program will start taking applications again next week......»»

Category: topSource: bizjournalsApr 24th, 2020

Large Houston lenders, community banks prepare for second wave of PPP loans

The SBA's Paycheck Protection Program exhausted its original $349 billion budget last week. The forgivable loan program is slated to receive a $310 billion funding extension......»»

Category: topSource: bizjournalsApr 22nd, 2020

Regional banks already distributing ‘Paycheck Protection’ funds to small businesses

A week after banks began taking applications for the Paycheck Protection Program, some small businesses in North Texas are starting to receive the stimulus money. “We have three restaurants in our group and between those we applied for $1.2 milli.....»»

Category: topSource: bizjournalsApr 11th, 2020

Lenders struggle to deliver virus relief to small business

Lenders face continued difficulties in issuing financing under the $349 billion small business relief effort the Trump administration launched a week ago in response to the coronavirus outbreak, leaving mom-and-pop firms at growing risk of failure......»»

Category: topSource: moneycentralApr 11th, 2020