Since so many of us are aware of and focused on the SBA Payroll Protection Loan Program, Insider wants to continue to provide updates on what we are reading and hearing. Lapse in Appropriations – Yesterday came the news that the SBA is currently unable to accept new applications for […]
Insider heard back from three owner/operators after our article last week on the Payroll Protection Program application process. Ken Wingate Wingate Outdoor Advertising I had my PPP loan application completed on Monday of this week and it was funded by Wednesday. I used a local community bank and the loan […]
Since our Monday update on the Payroll Protection Loan Program there have been several developments and trends on the SBA’s PPP loan program. Here are Insider’s thoughts as the program rolls out. There is a need for more money – With demand exploding for the PPP, the Senate went to […]
Friday was a day of confusion for most lenders as the SBA began releasing their operating procedures for the Payroll Protection Loan Program. As of Saturday morning Insider was able to get on a regional bank on-line application, complete and download a request for a PPP loan. A search of […]
We hope you owner/operators have been gathering information on the PPP, Paycheck Protection Program which authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. Insider has been doing a deep dive into the details and application process and, this morning, […]
