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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...

Technology

Symphony Technology Group | March 28, 2022

Symphony Technology Group (“STG”), a leading Menlo Park-based private equity firm focused on the software, data, and analytics sectors, today announced the launch of Skyhigh Security. The new portfolio company was created to satisfy the growing cloud security requirements for large and small organizations. Skyhigh Security’s unique approach extends security beyond data access to securing how the data is used. Its data-aware Security Service Edge (SSE) is built to meet the needs...

U.S. House of Representatives | May 21, 2020

Lawmakers in the U.S. House of Representatives plan to vote again next week on giving small businesses more time to utilize their coronavirus aid. With many businesses moving toward the end of their eight-week period, there are widespread calls to extend it...

Mississippi Gov. | May 22, 2020

Mississippi Gov. Tate Reeves expects to sign a bill to create grants for small businesses by using part the state’s coronavirus relief money. The price tag for the grants would be $300 million. Read More