Sunday, July 25, 2021

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Tag: Paycheck Program Protection

Man agrees to plead guilty to some charges in PPP fraud...

A businessman who federal authorities say faked suicide to avoid prosecution for fraudulently seeking hundreds of thousands of dollars in loans intended for businesses...

Fewer than 500 R.I. businesses secured PPP loans in July, $128B...

PROVIDENCE – With just over a week until the U.S. Small Business Administration’s Paycheck Protection Program ends, interest among Rhode Island small business has...

SBA update shows slight uptick in PPP numbers as program draws...

PROVIDENCE – Another 400 Rhode Island businesses secured a combined $10,000 in paycheck relief funds in the last two weeks, according to the latest...

SBA: 16,000 R.I. businesses approved for PPP loans as demand continues...

PROVIDENCE – Less than 200 additional Rhode Island small businesses have secured federal payroll relief loans in the last week as demand for the...

SBA reports $1.8B in PPP loans for R.I. businesses with funding...

PROVIDENCE – Rhode Island small businesses have secured more than $1.8 billion in federal payroll relief, the U.S. Small Business Administration shared on Wednesday. The...

R.I. businesses secure $593M in second-round PPP funds as approval rate...

PROVIDENCE – After inundating local lenders with applications for federal payroll relief funds, demand for the U.S. Small Business Administration's Paycheck Protection Program among...

Goldman Sachs $10M loan program hits capacity hours after launch

PROVIDENCE – A new program announced on Monday offering $10 million in payroll relief loans to Rhode Island small businesses and nonprofits has stopped...
1617 Mineral Spring Ave. (1974)OWNER: Pawtucket Credit UnionTENANT: Pawtucket Credit Union

Local lenders strapped for capacity as PPP opens to new applicants

PROVIDENCE – The initial surge in applications from small business owners clambering to get their shares of a federal payroll relief program have abated...

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