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News Stories (14 Results) - Paycheck Protection Program

The American Institute of CPAs (AICPA) is a strong advocate of additional relief for small businesses and worked in recent months to prepare CPA firms for the next round of Paycheck Protection Program (PPP) funding through the development of... Read Story
December 29, 2020, 08:15 AM


The Q3 2020 Asset-Based Lending Index reflects improving confidence for lenders, fears of a double dip downturn subsiding for now, and exhibits the continuing impact of PPP funds distributed in April.  The Q3 rebound of the U.S. economy lead to a GDP... Read Story
December 11, 2020, 08:10 AM


The American Institute of CPAs (AICPA) and a coalition of more than 560 organizations representing millions of employers and American workers sent Congressional leaders a letter urging passage of legislation making it clear that expenses related to a... Read Story
December 04, 2020, 08:15 AM


Earlier this year, the American Institute of CPAs (AICPA) joined more than 170 organizations urging Congress to include a technical correction addressing the tax treatment of loan forgiveness under the Paycheck Protection Program (PPP) in its next... Read Story
November 24, 2020, 07:50 AM


The American Institute of CPAs (AICPA) and over 80 additional organizations have expressed concern about the new Paycheck Protection Program (PPP) “Loan Necessity Questionnaires.” The questionnaires (SBA Forms 3509 & 3510) were recently established... Read Story
November 19, 2020, 08:15 AM


The American Institute of Certified Public Accountants (AICPA), its business and technology arm, CPA.com, and fintech leader Biz2Credit announced they are teaming up on a new platform, CPALoanPortal.com, to streamline the process for CPA firms... Read Story
September 23, 2020, 09:05 AM


Chicago based lender, LQD Business Finance, will be holding a free webinar on August 27, 2020 at 2:00pm CST called,“Protect Your Business Through the Pandemic”. This webinar will reveal important information about managing a business during the COVID... Read Story
August 25, 2020, 08:02 AM


The Federal Reserve Board announced an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30. The three-month extension will facilitate planning by potential facility participants and provide... Read Story
July 29, 2020, 08:48 AM


ABL Advisor released a new video interview featuring Robert Katz, Managing Director, EisnerAmper. In this exclusive interview, Katz discusses the benefits and potentially significant risks for borrowers participating in the Paycheck Protection... Read Story
May 26, 2020, 09:10 AM


LQD Business Finance, a leading tech-enabled commercial lender, has launched a new Managed Services Platform for processing PPP Loan Forgiveness Applications. Using data integration and automation, LQD Finance’s Managed Services Platform largely... Read Story
May 22, 2020, 08:55 AM


Commercial loan growth reaccelerated across much of the U.S. banking industry as lenders began to fund federally backed small business loans and prepared to start processing a second round of applications under the coronavirus relief program... Read Story
April 28, 2020, 09:05 AM


Of the $14 billion in emergency loans made by JPMorgan Chase Bank through the government-backed Paycheck Protection Program, a disproportionate percent went to larger clients rather than the small firms expected to favor from the funds.Multiple media... Read Story
April 22, 2020, 09:10 AM


The U.S. Senate passed the Paycheck Protection Program and Health Care Enhancement Act, also known as the “COVID-19 3.5” relief package. The $484 billion package, which was originally designed to only be a $250 billion stopgap measure, is the second... Read Story
April 22, 2020, 09:05 AM


EY US (EY) has developed a Paycheck Protection Program (PPP) Loan Forgiveness Platform built on Microsoft technology, so that banks at this critical juncture in the US economic recovery can efficiently meet the increasing demands across the... Read Story
April 22, 2020, 08:00 AM