Search Results for: Paycheck Protection Program (

New SBA Guidelines Worry Banks and Borrowers
Banking Business Fintech News

New SBA Guidelines Worry Banks and Borrowers

Fintech News Desk
by Fintech News Desk0
As of Friday, May 22, 2020, the Small Business Administration (SBA) released the second version of the Interim Final Rules pertaining to the guidelines on the SBA loan review process. Then one week later, senate passes house bill on June 3rd which again changed the rules on PPP Forgiveness. The everchanging landscape has lenders......
Blue Prism Automates SBA PPP Loan Processing at Banks Saving More Than 85,000 Jobs and Helping Small Businesses Stay Afloat
Banking Business Fintech News

Blue Prism Automates SBA PPP Loan Processing at Banks Saving More Than 85,000 Jobs and Helping Small Businesses Stay Afloat

Fintech News Desk
by Fintech News Desk0
Proven Solution Supports Rounds of Federal Funding, Enabling Same-Day Processing of Thousands of Applications from Submissions, Bank Review, Underwriting, SBA Reporting, Approvals and Payment Blue Prism has teamed-up with Lateetud and ABBYY to support the US government’s latest COVID-19 relief efforts for small businesses, by helping to automate loan applications during the two rounds of funding, $349......
NYMBUS Secures $12 Million in Growth Funding
Fintech Fintech Funding News

NYMBUS Secures $12 Million in Growth Funding

Fintech News Desk
by Fintech News Desk0
NYMBUS, a provider of the world’s most advanced financial services platform, announced it has completed $12 million in a new financing round led by the company’s major shareholders of Insight Partners and Vensure Enterprises. The focus of the investment will be used to support rapid market penetration for the NYMBUS......
Assembled Financial Technology Announces Strategic Partnership with Los Angeles County Economic Development Corporation
Business Fintech News

Assembled Financial Technology Announces Strategic Partnership with Los Angeles County Economic Development Corporation

Fintech News Desk
by Fintech News Desk0
Assembled Financial Technology (“Assembled Financial” or “AFT”), a leading financial technology company established by Assembled Brands and Fractal Technology, announced it has formed a strategic partnership with the Los Angeles County Economic Development Corporation (“LAEDC”). Read More: Blockchain Valley Ventures Launches Virtual Deal Marketplace for Startup Funding “Small ​businesses and......
People’s Bank Celebrates Success in PPP Lending
Banking Business Fintech News

People’s Bank Celebrates Success in PPP Lending

Fintech News Desk
by Fintech News Desk0
People’s Bank of Commerce reports significant support of its communities in providing Paycheck Protection Program (PPP) Loans during the COVID-19 crisis. To date, the community bank has provided over 900 PPP loans totaling $91 million to small businesses. The SBA processing fee from these loans will generate $3.6 million in......
Apple Growth Partners Broadens Canton Office Tax Talent
Banking Business Fintech News

Apple Growth Partners Broadens Canton Office Tax Talent

Fintech News Desk
by Fintech News Desk0
Apple Growth Partners (AGP), award-winning accounting and business advisory firm, welcomes Anthony (Tony) Peterson, CPA, to the Canton office as a senior tax associate. Read More: Analyticom Introduces a Scientific Model That Keeps Investments Stable During Market Volatility @apple_growth expands Canton office tax talent with new hire Peterson comes to AGP......
Nav Launches Free Calculator to Help Business Owners Estimate PPP Forgiveness
Banking Business Fintech News

Nav Launches Free Calculator to Help Business Owners Estimate PPP Forgiveness

Fintech News Desk
by Fintech News Desk0
Nav, a free service that provides business owners the fastest, easiest and most trusted path to financing, released a new tool to help business owners calculate the amount of Paycheck Protection Program (PPP) loan forgiveness they may qualify for. The new tool — Nav’s PPP Loan Forgiveness Calculator —  is free for......
Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19
Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
Community Banks Manage PPP Loan Forgiveness with Teslar Software
Banking Business Fintech News

Community Banks Manage PPP Loan Forgiveness with Teslar Software

Fintech News Desk
by Fintech News Desk0
Embedded solution available to streamline and automate loan forgiveness; helps small businesses calculate their options today Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced that it is helping bankers manage Paycheck Protection Program (PPP) loan forgiveness for small businesses.......
Customers Bank Preserves Estimated 1 Million Jobs Across America; Originating over 80,000 PPP Loans; Supports Local Communities with Charitable Grants; Protects Team Members and Clients; Celebrates “Financial First Responders” Holiday
Banking Business Fintech Fintech Funding News

Customers Bank Preserves Estimated 1 Million Jobs Across America; Originating over 80,000 PPP Loans; Supports Local Communities with Charitable Grants; Protects Team Members and Clients; Celebrates “Financial First Responders” Holiday

Sayali Jillewar
by Sayali Jillewar0
Customers Bank, with fintech partners, has for the past several weeks been working with thousands of small businesses to take advantage of the second round of Paycheck Protection Program (PPP) loan funding. The East Coast-based super community bank, already a national SBA/government guaranteed lending leader, expanded well beyond its geographic......
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