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Amid the tumultuous economic conditions sparked by the coronavirus pandemic, we face looming expectation of a recession or economic downturn
The Paycheck Protection Program ran out of funds last week after approving more than 1.6 million applications
First National Bank of Omaha study reveals financial impact of the COVID-19 coronavirus pandemic
$248 billion has already been loaned to small businesses across the US, according to new data
As branches close, cut hours, or reduce services during the pandemic, Greenwich research highlights problems for traditional approaches
Banks will need to process approximately 50 times their normal annual volume in the next 30-60 days under the Paycheck Protection Program
Bank granted ‘temporary and narrow’ relief from 2018 balance sheet restrictions to aid small business loan program
Complex regulations and required manpower are pushing costs higher, but fraud attempts are rising
The government’s $349 billion small business support package is facing issues already, according to reports
The bank is targeting $10 billion in PPP loans but is restricted by measures put in place following the fake accounts scandal
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