A catered meal is a must for almost any meeting or event, and sometimes, such fare is the most anticipated part of the gathering. When it comes to a sales presentation, a quarterly catchup or even a wedding, Rx Catering…
Paycheck Protection Program
- AMP NewsBusiness & FinanceBusiness servicesIndustriesSmall business
ASBTDC Receives $2.5 Million Grant from Small Business Administration
by AMP Staffby AMP StaffThe Arkansas Small Business and Technology Development Center at the University of Arkansas at Little Rock has received a $2.5 million grant to engage in targeted outreach to small businesses in underserved communities. The U.S. Small Business Administration (SBA) awarded…
- BusinessBusiness & FinanceBusiness servicesEconomicsGovernmentIndustriesSmall business
SBA Announces Paycheck Protection Program (PPP) Milestone: One Million Applicants for Direct Forgiveness
by AMP Staffby AMP StaffThe U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less. “We are committed to delivering against…
- AMP NewsBusinessEntrepreneurshipFinance & BankingSmall businessTechnology
Springdale Software Firm Powers More Than 20 Percent of PPP Loans in 2021
by AMP Staffby AMP StaffMore than 20 percent of Paycheck Protection Program loans issued in 2021 have been powered by the technology of Teslar Software, the Springdale firm announced. Teslar produces portfolio management tools that aggregate and automate lending and deposit operations for community…
The well has mostly run dry for the Paycheck Protection Program. The U.S. Small Business Administration announced that the PPP funding has been largely depleted ahead of its scheduled closure on May 31. The program provides loans for small businesses…
- AMP NewsBusinessPoliticsStartup AR
SBA Opening Exclusive 14-Day PPP Loan Period for Employers with Fewer Than 20 Employees
by Tyler Haleby Tyler HaleThe U.S. Small Business Administration (SBA) will be focusing its efforts on providing equitable relief for small businesses around the nation, with a focus on racial and gender equity. As part of this effort, the SBA will be establishing an…
- AMP NewsBusinessPolitics
New PPP Loan Round, Totaling $284 Billion, Opening on Jan. 11
by Tyler Haleby Tyler HaleThe Small Business Administration is reopening the Paycheck Protection Program (PPP) next week for both new and existing borrowers. In this new round of financing, there will be $284 billion available through March 31, 2021. This additional PPP financing is…
- AMP NewsBusiness
SBA Streamlines Forgiveness Process for PPP Loans of $50,000 or Less
by Tyler Haleby Tyler HaleSmall businesses will now have a simpler loan forgiveness process for the Payment Protection Program (PPP). The U.S. Small Business Administration (SBA) is streamlining the forgiveness process for entities that have PPP loans of $50,000 or less. This process, developed…
With businesses reopening across the state and economic reconstitution top of mind, businesses are getting another chance with Small Business Administration (SBA)’s Economic Injury Disaster Loan (EIDL) and a final shot at securing a Paycheck Protection Program (PPP) loan. The…
The U.S. Senate passed the Paycheck Protection Program (PPP) Flexibility Act on Wednesday night, June 3. The legislation now awaits the signature of President Donald Trump. It was passed in the U.S. House of Representatives last week. Originally signed into…