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PYMNTS.com | April 06, 2020
Wells Fargo announced it will begin taking loan applications on Monday (April 6) as part of the Paycheck Protection Program (PPP) and will disperse $10 billion to nonprofits and businesses with fewer than 50 employees. The country’s fourth-largest bank said it has received a lot of interest in PPP loans since the program’s opening day on Friday (April 3). It anticipates that its loan capacity will be maxed out under the program since it is operating with the current asset cap limitat...
SMALL BUSINESS TRENDS
Main Street America | May 11, 2021
Main Street America (MSA) dispatched Main Street Online, another device to assist organizations with developing and reinforce their web and internet business abilities. Upheld by GoDaddy, the instrument surveys the special necessities of individual private ventures through a progression of inquiries and offers tweaked direction for executing and amplifying answers to improve their computerized presence. The apparatus was imagined after MSA's study of almost 6,000 entrepreneurs...
SMALL BUSINESS ADVICE
Insurance Bureau of Canada | November 24, 2020
Insurance Bureau of Canada (IBC) reported today that its Business Insurance Action Team (BIAT) has dispatched and is prepared to assist with finding suitable insurance for small businesses in Ontario's neighborliness area battling to discover insurance due to the COVID-19 pandemic. IBC reported the making of BIAT in late October. This industry-driven arrangement brings back up plans and their delegates together to help battling small businesses in Ontario's accommodation a...
PYMNTS | June 17, 2020
A U.S. House panel is investigating if multiple banks gave preferential treatment to large, well-funded firms compared to companies in minority or isolated areas when making loans meant for providing COVID-19 relief, Bloomberg reported. In a letter to Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza, several U.S. representatives said that some big lenders reportedly made a system with two levels to handle Paycheck Protection Program (PPP) ap...
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