Even though the Paycheck Protection Program had limited funds, 71
JPMorgan Chase has distributed more than $14 billion in stimulus
More than 500,000 Paycheck Protection Program (PPP) loans have been approved in the last week to alleviate the coronavirus pandemic.
White House economic adviser Larry
The Federal Reserve on Thursday gave banks capital breaks to incentivize lending through the Paycheck Protection Program.
Regulators won’t mandate that lenders maintain capital buffers
A community bank trade group will send a letter to the Treasury Department and the Small Business Administration asking for more access to the
The Federal Reserve on Wednesday reduced the punitive restrictions on Wells Fargo to allow the bank to fully participate in the coronavirus stimulus program.
A coalition of CPAs, franchisees and payroll processing companies urged President Trump to speed up the cash infusion to small businesses.
The coalition includes the
Fintech startups are looking to get in on the Paycheck Protection Program, promising to underwrite loans at “speed and scale.”
The U.S. government is backing
The American Institute of CPAs (AICPA) sent a word of thanks on Wednesday to the eight U.S. House of Representative members of the Congressional
Treasury Secretary Steven Mnuchin on Tuesday requested an additional $250 billion commitment from Congress to add to the current $349 billion Paycheck Protection Program