Paycheck Protection Program - Page 16 of 16

THOUSANDS OF U.S. small businesses are entering their second week of waiting for federal loans related to the COVID-19 pandemic. / AP FILE PHOTO/STEVEN SENNE

‘Absolute chaos’ as businesses try to tap into rescue funds

Coronavirus 04/13/2020

NEW YORK (AP) – Desperate small-business owners who hoped for a quick government lifeline to help them survive the coronavirus crisis are still without...

Insight into emergency stimulus programs

Commentary 04/10/2020

The federal stimulus package known as the CARES (Coronavirus Aid, Relief and Economic Security) Act includes a number of financial relief programs for businesses...

U.S. TREASURY Secretary Steven Mnuchin said that the Trump administration is seeking an additional $250 billion for the SBA's Paycheck Protection Program. / AP FILE PHOTO/ALEX BRANDON

Mnuchin: Additional $250B sought for small businesses

Coronavirus 04/07/2020

WASHINGTON (AP) – The Trump administration will seek an additional $250 billion to support a program designed to help small businesses keep workers employed...

THE FEDERAL RESERVE announced that it will be buying loans that banks make to small businesses as part of the SBA's small-business lending program. Above, Federal Reserve Chairman Jerome Powell. / AP FILE PHOTO/JACQUELYN MARTIN

Federal Reserve to boost small-business lending efforts

Coronavirus 04/06/2020

WASHINGTON (AP) – The Federal Reserve said in a brief announcement that it would support the government's $349 billion small-business lending program, which had...

1617 Mineral Spring Ave. (1974)OWNER: Pawtucket Credit UnionTENANT: Pawtucket Credit Union

Local lenders scramble to process surge of SBA loan applications

Coronavirus 04/06/2020

PROVIDENCE – Questions continue to emerge as local lenders scramble to keep up with the flood of applications pouring in from small businesses seeking...

R.I. GENERAL TREASURER Seth Magaziner penned a letter to Rhode Island's lenders, urging them to process Paycheck Protection Program loan applications for all qualified small businesses in Rhode Island, not just for existing customers. / PBN FILE PHOTO/MICHAEL SALERNO

Magaziner: Lenders shouldn’t turn away ‘orphaned’ businesses from $349B emergency program

Coronavirus 04/05/2020

PROVIDENCE – R.I. General Treasurer Seth Magaziner is urging Rhode Island banks, credit uniosn and other lenders to stop turning away some small businesses...

THE SBA's Paycheck Protection Program launched Friday, but some are having trouble gaining access to loans right away. Funds for the program are expected to be depleted quickly. Above, Jovita Carranza, administrator of the Small Business Administration. / AP FILE PHOTO/ALEX BRANDON

Small-biz rescue off to slow start in R.I., elsewhere; some banks...

Coronavirus 04/03/2020

NEW YORK (AP) – The federal government's relief program for small businesses is off to a slow start Friday, with only some businesses locally and...

THE WASHINGTON TRUST CO. is one of the lenders preparing for heavy demand from small businesses looking to participate in the federal Paycheck Protection Program, starting Friday. / PBN FILE PHOTO/SCOTT KINGSLEY

Stressed local bankers brace for overwhelming demand for new SBA loans...

Business Services 04/02/2020

PROVIDENCE – Local bankers are expecting an onslaught of demand from struggling small businesses looking to get a piece of the nearly $350 billion...

COVID-19-related SBA loans could be available as soon as this week

Coronavirus 04/01/2020

PROVIDENCE – The Small Business Administration’s $349 billion in small-business capital program due to COVID-19 is expected to be operational starting Friday, the SBA...

1...14 1516Page 16 of 16

- Featured Event -

Tag: Paycheck Protection Program

Latest News

SUBSCRIBE TO

SIGN UP FOR

FOLLOW US

MOST POPULAR

OUR MISSION

ABOUT PBN