The Paycheck Protection Program allows small businesses affected by the pandemic to apply for up to $10 million from Small Business Association approved lenders.
The Small Business Administration’s (SBA) platform for processing loan applications crashed for hours on Monday.
The New York Times reported that banks were unable to
Bank of America and JPMorgan Chase are accepting applications from small businesses for the coronavirus stimulus loan program.
The largest lenders in the U.S. were
Small businesses are looking for a bailout from the Paycheck Protection Program, but many say the safety net has too many holes.
Major lenders are
The Federal Reserve said Monday that it will support banks in the effort to lend money to small businesses during the coronavirus pandemic.
Citigroup is “working around the clock” to build an online portal so the bank can participate in the small business loan program to help
Wells Fargo claimed Sunday that it has depleted its $10 billion capacity for lending under the stimulus package’s Paycheck Protection Program (PPP) due to
Bank of America announced Saturday that it will expand its eligibility requirements for the new small business loan program during the coronavirus pandemic.
California Governor Gavin Newsom released a series of new resources Thursday to help small businesses and workers who have been economically impacted by the
The Small Business Association (SBA) will post a tool as soon as Friday to help small businesses find approved lenders participating in the coronavirus