small business lending
- Mar- 2021 -10 MarchBanking
House members receptive to extending PPP deadline
Leaders of the House Small Business Committee signaled during a Wednesday hearing that they are open to extending the Paycheck…
Read More » - 8 MarchBanking
Pandemic has redefined role of bankers: New ICBA chair
Robert Fisher will begin his one-year term as chairman of the Independent Community Bankers of America with more clarity about…
Read More » - 5 MarchBanking
Lenders wary as Fed’s PPP facility nears deadline
A liquidity facility created by the Federal Reserve to undergird the Paycheck Protection Program is set to expire on March…
Read More » - 3 MarchBanking
Banks lobby Congress to postpone PPP deadline
Lenders are pressing Congress to extend the Paycheck Protection Program’s end date, citing rules that have yet to be issued…
Read More » - 2 MarchBanking
Bottlenecks at SBA holding up loan approvals
Bankers and borrowers are having to show patience with the Small Business Administration as the agency works through a growing…
Read More » - 1 MarchBanking
Square’s long-planned bank opens for business
Nearly a year after receiving key regulatory approvals, the payment processor Square has opened its bank, which will offer both…
Read More » - Feb- 2021 -24 FebruaryBanking
Banks redouble efforts to aid Black-owned businesses
Banks of all sizes are continuing to direct funds to minority-owned businesses months after the social unrest that followed last…
Read More » - 22 FebruaryBanking
Biden plan to help smallest PPP applicants has downsides, banks warn
The Biden administration’s push to channel more Paycheck Protection Program funding to small businesses with 20 employees or fewer is…
Read More » - 19 FebruaryBanking
Bankers plead for answers from SBA on forgiving big PPP loans
Large Paycheck Protection Program loans remain in limbo as the Small Business Administration takes its time reviewing borrowers’ applications. Though…
Read More » - 12 FebruaryBanking
PPP boosts banks’ interest in other SBA loan programs
Emergency lending programs have cut into the volume of traditional Small Business Administration loans, but they have also led more…
Read More »