PPP Related Content

AICPA, CPA.com and Biz2Credit Launch New Platform for Small Business Funding

The AICPA, CPA.com, and Biz2Credit are teaming up on a new platform, CPALoanPortal.com, to streamline the process for CPA firms advising small businesses on loan forgiveness under the Paycheck Protection Program (PPP) and additional small business financing options. read more

Survey: 46% of Small Business Owners Worry Cashflow Will Impede Reopening

Nearly half of small business owners worry they cannot afford to resume normal operations following mandated closures to slow the spread of COVID-19, according to LendingTree's latest survey of small business owners. read more

SBA, Treasury Launch Loan Forgiveness App, AICPA Says it Leaves Many Questions

The Treasury Department and Small Business Administration released a loan forgiveness application form for the Paycheck Protection Program, but the AICPA said it fails to address outstanding issues and does not provide enough flexibility for those who receive funds. read more

TCF Bank to Provide Second Round of PPP Loans, Pandemic Relief Projects

TCF Bank is accepting a second round of applications for Paycheck Protection Program (PPP) loans as well as helping its customers and communities navigate the pandemic with loan modifications, hazard pay for employees and grants to community food banks. read more

AICPA, Small Business Advocates Call for Clearer PPP Loan Guidance

AICPA, NFIB, S-CORP and four other small business advocates issued a statement in response to the SBA’s lack guidance on the Paycheck Protection Program. read more

Crestmark Provides SBA CARES Act Funding for More Than 673 Small Businesses

Crestmark has funded more than $215 million for more than 670 small businesses in 38 states through the Paycheck Protection Program, part of the SBA CARES stimulus package. read more

COVID Loan Tracker: PPP Needs Additional $400B in Funding to Meet Small Businesses Needs

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

86% of Business Owners Who Applied for CARES Act Relief Haven’t Received Funds

Alignable's Latest Pulse Poll taken among 38,500 small business owners from April 17-20, 2020, shows only 8% have received money, and another 14% were approved for it, but aren't sure when or if it's coming. read more

Senate Passes $484B Bill to Aid Small Businesses, Hospitals

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

SBA Paycheck Protection Program Runs Out of Funding, Replenishment Stalled in Congress

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

Q2 Partners Launches PPP Lending Solution

Q2 Holdings launched an end-to-end digital lending solution specifically designed to help financial institutions accelerate application acceptance and funding to small businesses under the Paycheck Protection Program. read more

Wells Fargo Expands Participation in the Paycheck Protection Program

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

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