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BBVA | May 27, 2020
BBVA USA has funded approximately $3.3 billion small business loans in less than 60 days, processing more than 22,000 applications and impacting approximately 360,000 jobs through its efforts in the Small Business Administration's (SBA) Paycheck Protection Program (PPP), the bank announced today. For context on the size of the bank's commitment to the PPP, the bank's total SBA 7(a) loan originations for the fiscal year ending Sept. 30, 2019 were 259 loans totaling nearly $270....
Mnuchin | April 29, 2020
The United States will audit government-backed loans intended to relieve small businesses hit by the coronavirus to ensure they weren't taken out by large companies, Treasury Secretary Steven Mnuchin said on Tuesday, April 28. The Paycheck Protection Program (PPP) was part of a $2.2-trillion stimulus package passed by Congress late in March to blunt the pandemic's impact on the economy, and is supposed to lend money to businesses with fewer than 500 employees. But the initi...
BUSINESS STRATEGY
Small Business News | August 23, 2021
Yelp is declaring August 26 “Make It Happen Day” in Texas, in response to the challenging year small businesses and residents endured due to the ongoing impacts of COVID-19, Winter Storm Uri, and severe weather. A $100,000 Make It Happen Day Fund has been established to help small businesses and consumers across Texas make much-needed repairs. The fund will go towards covering the cost of improvement projects for select small businesses across Texas, including community-serving nonpr...
SMALL BUSINESS ADVICE
CyCraft | December 22, 2020
CyCraft Technology, the quickest developing network protection firm in Asia, announced the arrival of their most recent report, Securing Small, Medium, and Large ORgs for the 2020s. The report, which really expounds on SOC (security activity focus) capacities, SOC jobs and obligations, SOC stressors, and how to demonstrate successful and proficient SOCs for small, medium, and enormous associations, likewise incorporates research from Gartner, Inc. on why Midsize undertakings should grasp MDR sup...
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