Once again, lenders across the US have been inundated with applications and are struggling to keep up with demand

Data indicates that banks have earned more than $20 billion in fees from processing PPP loans so far

The Paycheck Protection Program has provided loans to almost half of businesses in every state – and in some it has reached much more

Authorities have inquired about Wells Fargo’s handling of PPP loans, according to a regulatory filing

The Fed is boosting several pandemic aid programs, including the PPP, as data shows more than half of its first expansion has been used up

New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow

Bank of America was sued by plaintiffs alleging that the bank violated the CARES Act by prioritizing borrowers with existing lending relationships and did not allow applicants without such relationships…

Pressure and opportunity combine to bring large banks home

Lawsuit alleges unfair business practices by prioritizing borrowers who were seeking larger loan amounts rather than a good faith effort to take business on a first come first serve basis

$248 billion has already been loaned to small businesses across the US, according to new data