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News Stories (16 Results) - Paycheck Protection Program

The NFIB Research Center released a survey on the state of small business and the Paycheck Protection Program (PPP). The PPP loan application is set to close on Aug. 8 after Congress extended the deadline to allow more small business owners to... Read Story
August 03, 2020, 07:25 AM


The Federal Reserve Board announced an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30. The three-month extension will facilitate planning by potential facility participants and provide... Read Story
July 30, 2020, 07:15 AM


The NFIB Research Center released a survey updating the state of small business and financial assistance programs, including the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan program (EIDL).“Small businesses have been using... Read Story
July 13, 2020, 07:15 AM


Following an April industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing... Read Story
July 10, 2020, 07:20 AM


According to new research from Paychex, Inc., 90 percent of business owners say the Paycheck Protection Program Flexibility Act’s provision extending the forgiveness period from eight to 24 weeks will be impactful to their business, and 82 percent... Read Story
June 29, 2020, 07:15 AM


The NFIB Research Center released a survey with an update on the state of small business and the progress with federal loan programs. Twenty-seven percent of owners reported experiencing a significant or moderate increase in sales due to eased... Read Story
June 26, 2020, 07:26 AM


Some 56 percent of business executives said their companies had sought relief funds through the Paycheck Protection Program (PPP), a $660 billion initiative under the CARES Act designed to protect small businesses and their employees, a survey by the... Read Story
June 15, 2020, 07:10 AM


In reaction to the June 5 signing of the Paycheck Protection Program Flexibility Act, the American Institute of CPAs (AICPA) encouraged small businesses to apply for Paycheck Protection Program (PPP) funds ahead of the fast-approaching June 30... Read Story
June 09, 2020, 07:00 AM


LCA Bank Corporation (LCAB) continues its momentum to assist small business requiring PPP support.  On May 20, LCAB was chosen to participate in an evening call-in event for minority entrepreneurs from Dallas, TX, all the way to Richmond, VA. The... Read Story
May 27, 2020, 07:15 AM


The NFIB Research Center released a survey on the status of the small business loan programs. Among NFIB members, 80 percent applied for a Paycheck Protection Program (PPP) loan and almost 90 percent have received the loan. Most of the loans were... Read Story
May 22, 2020, 07:14 AM


Amur Equipment Finance, Inc. (AmurEF), a nationally ranked Top Five independent equipment finance company, announced it has been approved by the U.S. Small Business Administration (SBA) to serve as a lender under the Paycheck Protection Program (PPP)... Read Story
May 13, 2020, 07:20 AM


LCA Bank Corporation (LCAB) announced the funding of more than $60 million in Paycheck Protection Program loans. LCAB is a wholly owned subsidiary of Lease Corporation of America (LCA), a full-service financing company specializing in technology and... Read Story
May 13, 2020, 07:17 AM


The NFIB Research Center released a survey on the small business loan programs. Small business owners were asked about the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) programs. The PPP is very popular among small... Read Story
May 08, 2020, 07:10 AM


OnDeck announced it has been approved by the U.S. Small Business Administration (SBA) to provide Paycheck Protection Program loans. "OnDeck's mission has always been to promote the growth and success of underserved small businesses by providing fast... Read Story
April 16, 2020, 07:00 AM


OnDeck announced it is partnering with a top SBA lender to serve small business owners seeking funding under the Small Business Administration’s (SBA) Paycheck Protection Program (PPP).  “OnDeck recognizes that operating a small business during the... Read Story
April 14, 2020, 07:15 AM


The NFIB Research Center released the following data on the small business loan programs: The severity of economic disruptions in the small business sector is quickly increasing the immediate demand for financial assistance among small business... Read Story
April 14, 2020, 07:00 AM