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Senate extends Paycheck Protection Program as coronavirus cases spike

Democrats drove a temporary extension of a.....»»

Category: topSource: chicagotribuneJul 1st, 2020

U.S. Senate extends PPP for small businesses

The Senate has passed an extension of the popular Paycheck Protection Program for small businesses, which was set to close down Tuesday night with more than $130 billion in funding left over. The... To view the full story, click the title link......»»

Category: blogSource: crainsnewyork19 hr. 55 min. ago

Capitol Report: House passes bill extending Paycheck Protection Program, sending to Trump for signature

The Democratic-run House on Wednesday OKs a bill that extends a federal government program that provides forgivable loans to small businesses hurt by the coronavirus crisis......»»

Category: topSource: marketwatchJul 1st, 2020

Senate Unanimously Approves Extension Of Terms For Coronavirus Small-Business Loans

Small businesses will now have up to 24 weeks to use Paycheck Protection Program loans extended to them during the COVID-19 pandemic. The deadline was raised from eight weeks after the Senate unanimously approved the extension Wedne read more.....»»

Category: blogSource: benzingaJun 4th, 2020

Senate passes bill lengthening coronavirus small-business loan terms

The U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic, up from the current eight-week deadline......»»

Category: topSource: reutersJun 3rd, 2020

Schumer says deal reached on more aid for small businesses

Senate Minority Leader Chuck Schumer on Tuesday said Democrats and Republicans had achieved a deal that would replenish the Paycheck Protection Program, a loan program for small businesses devastated by the coronavirus crisis. The New York Democrat .....»»

Category: topSource: marketwatchApr 21st, 2020

What every PPP recipient should know

The Senate passed an extension to the SBA's Paycheck Protection Program June 30 that would run the program into early August......»»

Category: topSource: bizjournals16 hr. 41 min. ago

$130 billion left at Paycheck Protection Program deadline, but Senate acts to extend it

Late Tuesday, just a few hours before the Paycheck Protection Program was scheduled to shut down, the Senate approved a five-week extension. It wasn’t clear when the House might take up the bill......»»

Category: topSource: bizjournalsJun 30th, 2020

What Colorado businesses need to know about the Main Street Lending Program

Colorado small businesses suffering negative financial impacts from the coronavirus pandemic can now seek help from the Federal Reserve’s Main Street Lending Program as well as the U.S. Small Business Administration’s Paycheck Protection Prog.....»»

Category: topSource: bizjournalsJun 25th, 2020

Senate Democrats press for simplified Paycheck Protection Program loan forgiveness application

In a letter released Friday, 47 Democratic senators pressed the Small Business Administration to create a new, streamlined application for small businesses to have subsidized loans forgiven......»»

Category: topSource: washpostJun 15th, 2020

Five Things for Monday, including PPP data and rising Covid cases

Good morning. Welcome to a new week. Here are Five Things for Monday. The Small Business Administration argues that recipients of its Paycheck Protection Program loans are proprietary information in a response to a lawsuit by news organizations, incl.....»»

Category: topSource: bizjournalsJun 15th, 2020

Congress approves sweeping changes to PPP. Here are the details

The U.S. Senate approved sweeping changes to the Small Business Administration's Paycheck Protection Program Wednesday evening, making the program's lending terms more favorable to restaurants, retailers and other businesses. The bipartisan bill, tit.....»»

Category: topSource: bizjournalsJun 3rd, 2020

Capitol Report: Senate OKs tweaks to small-business lending program; bill goes to Trump for signature

It took some last-minute wrangling and a letter as well, but the Senate late Wednesday passed a bill easing conditions for small businesses tapping the government’s Paycheck Protection Program......»»

Category: topSource: marketwatchJun 3rd, 2020

Capitol Report: McConnell, Rubio support House bill changing Paycheck Protection Program, but other Senate Republicans raise concerns

Some key Senate Republicans support a bipartisan House bill that would give small businesses more time to use Paycheck Protection Program loans and let borrowers spend less of their loan proceeds on payroll, but others have concerns......»»

Category: topSource: marketwatchJun 3rd, 2020

Small-business loan terms eased under U.S. House-passed bill

The U.S. House of Representatives on Thursday approved legislation increasing the amount of time, to 24 weeks from the current eight weeks, for small businesses to use Paycheck Protection Program (PPP) loans spurred by the coronavirus outbreak......»»

Category: topSource: reutersMay 28th, 2020

Capitol Report: House approves bill that gives small businesses more time to use PPP loans and lets them spend less on payroll

The House action comes as Senate Republicans and the Trump administration also back extending the deadline for spending Paycheck Protection Program money beyond the current eight weeks......»»

Category: topSource: marketwatchMay 28th, 2020

U.S. small firms leave $150 billion in coronavirus stimulus untapped

When the U.S. government first rolled out forgivable loans to small businesses in early April under the Paycheck Protection Program, loan officers at Bank of the West in Grapevine, Texas worked nights and weekends to process a tsunami of applications......»»

Category: topSource: reutersMay 26th, 2020

Your guide to the latest news on PPP with the expert advice you need to know

The Paycheck Protection Program has dominated headlines since it was established with the signing of the Coronavirus Aid, Relief and Economic Security (CARES) Act on March 27. In the weeks since the program went live, Bizwomen's parent compa.....»»

Category: topSource: bizjournalsMay 19th, 2020

Miss any of our PPP stories? Here"s the expert advice you need to know

The Paycheck Protection Program has dominated headlines since it was established with the signing of the Coronavirus Aid, Relief and Economic Security (CARES) Act on March 27. In the weeks since the program went live, the Cleveland Business.....»»

Category: topSource: bizjournalsMay 17th, 2020

Miss any of our PPP stories? Here"s the expert advice you need to know

The Paycheck Protection Program has dominated headlines since it was established with the signing of the Coronavirus Aid, Relief and Economic Security (CARES) Act on March 27. In the weeks since the program went live, the New York Business Jour.....»»

Category: topSource: bizjournalsMay 17th, 2020

Miss any of our PPP stories? Here"s the expert advice you need to know

The Paycheck Protection Program has dominated headlines since it was established with the signing of the Coronavirus Aid, Relief and Economic Security (CARES) Act on March 27. In the weeks since the program went live, the Chicago Business Jour.....»»

Category: topSource: bizjournalsMay 17th, 2020