Search results
Results from the WOW.Com Content Network
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Continue reading ->The post PPP Loans: Lender List and Requirements appeared first on SmartAsset Blog. ... (CARES) Act Act, the Payroll Protection Plan (PPP), a lifeline for small businesses ...
The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders. [3]
As an SBA-preferred lender, Ameris Bank worked with its commercial customers to provide relief during the 2020-2021 COVID-19 pandemic. The bank originated more than $1.5 billion in Paycheck Protection Program (PPP) loans to more than 14,000 businesses, including intentional outreach to more than 400,000 minority and woman-owned businesses.
In the same meeting where the CEO informed employees of the PPP loan, she also "reported that giving to the Church had increased from approximately $1.3 million per month to approximately $1.5-1.8 ...
Those employees, along with an army of contractors, are responsible for overseeing a loan portfolio that currently includes 48,000 PPP loans with an outstanding balance of $1.3 billion and dealing ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Biz2Credit is an online financing platform for small businesses. The company provides direct funding to small businesses across the United States. [2] The company is known for its financing products, educational resources for business such as the BizAnalyzer, [3] and research that it publishes periodically, including the Small Business Lending Index, and its subsidiary SaaS business lending ...