Amur Equipment Finance has been approved by the U.S. Small Business Administration to serve as a lender under the Paycheck Protection Program. read more

MAY 13, 2020 - 7:00 am

LCA Bank has funded more than $60 million in Paycheck Protection Program loans. read more

MAY 13, 2020 - 6:33 am

FNB Corporation has processed more than 18,000 SBA PPP loans, representing approximately $2.6 billion in direct relief to small businesses. read more

MAY 8, 2020 - 6:25 am

The Federal Reserve expanded access to its Paycheck Protection Program Liquidity Facility to additional lenders and expanded the collateral that can be pledged. The Fed also broadened the scope and eligibility for the Main Street Lending Program. read more

MAY 1, 2020 - 7:00 am

The AICPA recommended documents and calculations small businesses should use to qualify for loan forgiveness under the Paycheck Protection Program. read more

APR 30, 2020 - 6:25 am

PayNet launched the P3 Data Pack, a new platform to help lenders expedite Paycheck Protection Program loans to small businesses. read more

APR 28, 2020 - 6:48 am

According to COVID Loan Tracker's estimates, at least $400 billion, in addition to the funds already allocated, will be needed to satisfy the outstanding financial need of small businesses as they navigate the current crisis. read more

APR 27, 2020 - 6:45 am

The American Institute of CPAs offered firm-lender relationship recommendations related to CPA firms assisting clients in the Paycheck Protection Program. read more

APR 24, 2020 - 6:25 am

The Wall Street Journal reported that the Senate passed a $484 billion bill designed to deliver aid to small businesses and hospitals, with $320 billion allocated to replenish the Paycheck Protection Program. read more

APR 22, 2020 - 7:00 am

Ernst & Young has developed a Paycheck Protection Program loan forgiveness platform with Microsoft technology. read more

APR 22, 2020 - 6:45 am

The Wall Street Journal reported that lawmakers have disagreed about how to replenish the $350 billion small business loan program, which exhausted its funds after approving 1.6 million applications. read more

APR 17, 2020 - 6:55 am

Customers Bank is partnering with OakNorth to process $500 million in small business loan applications under the federal Paycheck Protection Program. read more

APR 13, 2020 - 6:35 am

Wells Fargo expanded its participation in the Paycheck Protection Program to offer loans to a broader set of its small business and nonprofit customers subject to the terms of the program. read more

APR 9, 2020 - 6:25 am

Wells Fargo announced it is targeting to distribute a total of $10 billion to small business customers under the requirements of the PPP and will focus on serving two segments of its customer population: nonprofits and small businesses with fewer than 50 employees. read more

APR 7, 2020 - 6:30 am