The NFIB Research Center released its latest COVID-19 survey on the impact the pandemic has had on small businesses. This survey marks NFIB’s 16th survey in the series, which started in early March 2020. Thirteen percent of small business owners...
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April 05, 2021, 08:10 AM
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Small business loan approval percentages at big banks ($10 billion+ in assets) rose slightly to 13.3% in February from 13.2% in January 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago...
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March 10, 2021, 06:00 AM
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The Federal Reserve Board on Monday announced it will extend its Paycheck Protection Program Liquidity Facility, or PPPLF, by three months to June 30, 2021. The extension will provide continued support for the flow of credit to small businesses...
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March 09, 2021, 08:00 AM
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Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In...
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February 09, 2021, 08:23 AM
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Porter Capital announced it will provide additional funding to businesses in need of more than their current PPP loan offers."With the new COVID-19 stimulus package signing, many small business owners can apply for another round of Paycheck...
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January 12, 2021, 08:22 AM
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Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.5% in September to 13.3% in October, demonstrating the challenges of small business owners searching for capital, according to the latest...
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November 12, 2020, 08:00 AM
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NFIB’s Research Center released the latest survey relating to COVID-19 and its impact on the small business economy. The majority of Paycheck Protection Program (PPP) borrowers have used all of their loans and are preparing to apply for...
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October 12, 2020, 09:05 AM
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The NFIB Research Center released a survey on the status of the small business loan programs. Among NFIB members, 80 percent applied for a Paycheck Protection Program (PPP) loan and almost 90 percent have received the loan. Most of the loans were...
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May 22, 2020, 09:10 AM
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In the coming weeks and months, financial institutions will start to receive an influx of loan forgiveness applications as a result of the U.S. government’s Paycheck Protection Program (PPP). The PPP allocated billions of dollars in federally...
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May 19, 2020, 09:10 AM
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The NFIB Research Center released a survey on the small business loan programs. Small business owners were asked about the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) programs. The PPP is very popular among small...
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May 08, 2020, 09:15 AM
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Orange Bank & Trust Company announced the successful processing of over 700 small business loan applications for local business customers, totaling more than $100 million. These applications were funded under the federal Paycheck Protection Program...
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May 06, 2020, 08:56 AM
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Kalamata Capital Group and its affiliates (Kalamata) have partnered with a bank that is an SBA-approved lender to provide automatic Paycheck Protection Program (PPP) loans to small businesses.Kalamata is a financial technology company that provides...
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April 30, 2020, 09:00 AM
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Lendsmart and Griffin Technologies, two fintech companies building software for banks and credit unions, have partnered to provide their customers a complete end-to-end solution for the Small Business Association’s (SBA) Paycheck Protection Program...
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April 22, 2020, 09:10 AM
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OnDeck announced it is partnering with a top SBA lender to serve small business owners seeking funding under the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). “OnDeck recognizes that operating a small business during the...
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April 14, 2020, 09:15 AM
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