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Which Banks Have Loaned the Most Through PPP?
$511 billion has been borrowed through the PPP, with smaller banks and lenders accounting for half of all loans
The New Jersey Community Bank Flying High in PPP Ranking
Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust
Borrowers Granted More Flexibility Over PPP Forgiveness
Policymakers have agreed to give companies using the PPP more flexibility reflecting the continued economic challenges of COVID-19
Loan Relief Could Just Delay Pain, Says Rating Agency
KBRA warns that stable delinquency rates could rise in the months ahead as banks have focused on short-term relief
Texas Capital Bank Abandons Merger with Independent Bank
The impact of the COVID-19 pandemic has heavily impacted the two banks’ plans to combine operations
USDA to Provide $1bn in Rural Business Support
Agriculture sector support comes through the same CARES Act legislation as the Paycheck Protection Program
What the Post-Pandemic Banking Landscape Will Look Like
The PPP and related changes to operations could reshape some areas of the banking sector, says PwC
Nearly 5m Now in Forbearance Due to Pandemic, Says Survey
Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
How PPP Forgiveness Will Work
The SBA has published details of how borrowers using the $669 billion lending program can have their loans forgiven
How to Commit Stimulus Fraud
Officials have dumped an enormous amount of money into the economy in a matter of weeks. That means the environment is ripe for fraud.
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