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PYMNTS | April 27, 2020

The race is on. The Small Business Administration (SBA) is set to take applications for the second round of the Paycheck Protection Program (PPP) as of 10:30 a.m. on Monday (April 27). President Donald Trump signed the $484 billion COVID-19 rescue bill on Friday (April 24). It includes $310 billion in new money for the latest bailout. The first round of PPP funding ran out of cash within days of being released on April 3. “The PPP has supported more than 1.66 million s...

Dallas Hotelier | April 24, 2020

Three publicly traded companies overseen by Dallas hotelier Monty Bennett have borrowed $58.7 million under a program aimed at helping small businesses through the coronavirus pandemic, and that may be just a start. "The Company anticipates receiving additional PPP Loans," asset and hotel management company Ashford Inc. said on Wednesday as it reported the receipt of $12.8 million in Paycheck Protection Program loans for six of its subsidiaries. Two real estate investment...

FINANCE

CI&T | May 22, 2021

(Re)open for Business, a new report exploring how banks can best support small businesses in a post-pandemic world, was released today by CI&T, a leader in driving digital transformation for global brands. While the pandemic triggered a digital transformation in financial services, the report found that small businesses still want and need banking relationships. This report examined survey responses, focus groups, and interviews with 500+ small and medium-sized businesses in t...

FINANCE, SMALL BUSINESS TRENDS

Vista | September 16, 2022

Today, VistaPrint, the Boston Celtics Shamrock Foundation, and NAACP announced the next cohort of recipients from the Power Forward Small Business Grant. The grant program, now in its third iteration, focuses on creating lasting impact for Black-owned small businesses across New England. Select applicants will receive $25,000 in grant funding and the tailored design and marketing support they need to expand their existing businesses and achieve long-term success.The latest group of grant recipie...