ppploans
On the heels of an extension of the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) being signed small businesses by President Joe Biden, credit unions continue to be committed to assistacross the country. Q1 2021 hedge fund letters, conferences and more Credit Unions Nationwide Are Serving Small Businesses With PPP LoansMore than 840 credit unions nationwide are serving some of the smallest businesses that are trying to survive during this current round of PPP and economic recovery—facilitating nearly 121,000 loans, or approximately $4.6 billion. The average loan size ...
ValueWalk
TODAY @ 2:30PM – Cardin to Convene Hearing to Examine SBA’s Implementation of COVID-19 Relief Programs [soros] Q4 2020 hedge fund letters, conferences and more SBA Has Delivered More Than $900 Billion in COVID-19 Relief to Small Businesses Through Loans, Grants, and Debt Relief Oversight of SBA’s COVID-19 Relief Programs(Washington, DC) — Today, Wednesday, March 24 at 2:30pm, U.S. Senate Committee on Small Business & Entrepreneurship Chair Ben Cardin (D-Md.) will convene a hearing titled, “Oversight of SBA’s COVID-19 Relief Programs,” to examine the U.S. Small Business Administration’s (SBA’s)...
ValueWalk
Washington Post: ‘Paycheck Protection Program money went to firms that have drawn sanctions and received hundreds of consumer complaints’ Q3 2020 hedge fund letters, conferences and more Debt Collectors And Payday Lenders Collected Over $580M In PPP LoansWASHINGTON, D.C. — The Washington Post is reporting that over 1,800 taxpayer-backed Paycheck Protection Program (PPP) loans went to debt collectors and high-interest payday lenders — totaling more than $580 million. According to the analysis, “more than 170 of those recipients have been the subject of a multitude of complaints — each racking u...
ValueWalk
*PPP data shows loans flowed mostly to [businesses](https://www.valuewalk.com/2020/12/searchable-database-of-new-ppp-loan-datareleased/) in wealthy neighborhoods* Q3 2020 hedge fund letters, conferences and more The government's flawed COVID relief program underscored the need for equity in small business financing, and for stronger enforcement of fair lending laws. A note for journalists: NCRC is making available geocoded PPP data to its members and news organizations for additional analysis. These data will be provided without representations or warranties. The data comes with interactive ch...
ValueWalk
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