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Funding Circle gets final nod for SBA 7(a) loans amid pushback
Banking Dive via Yahoo Finance· 1 week agoThe London-based company received final approval to proceed with the 7(a) lending program around...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 2 days agoUnder the CARES Act, an “eligible recipient” was always a broader definition than the “small business concern” that is normally the standard needed to qualify for a
Banks Push the Envelope in COVID-19 Climate
New Jersey Business Magazine· 1 week agoWhen it comes to philanthropic initiatives during the COVID-19 pandemic, New Jersey’s financial institutions are pushing the envelope in terms of care to...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 22 hours agoThe RESTART Act’s primary appeal is that it is a long-term loan program available to businesses with revenue losses of at least 25% and a forgiveness component ...
Baltimore’s port is mostly shut down. Small businesses feel the strain.
The Baltimore Banner· 1 week agoSince the day the Francis Scott Key Bridge collapsed, blocking most container ships from entering...
Colorado funeral home operators charged with mishandling corpses now accused of $880K in COVID...
Denver Post· 3 days agoThe indictment said the couple certified on the original loan agreement and amended agreements that...
Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program
The National Law Review· 6 days agoThe PPP was created as part of the CARES Act in response to the COVID-19 crisis. It was designed to help small U.S. companies retain their employees and ...
