January 13, 2021
The PPP Might Provide More Help for Tiny and Minority-Owned Businesses This Time
Ron Busby and Brock Blake both shot plenty of criticism at the Small Business Administration last year over its handling of the Paycheck Protection Program. Now, they agree: The PPP might be experiencing its first smooth rollout.
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January 12, 2021
PPP loans open Monday: Experts answer your biggest questions about applying
Starting next week, the Small Business Administration (SBA) will open applications for the next round of Paycheck Protection Program loans.
Certain lenders including community development financial institutions (searchable database here) and minority depository institutions (list here), will be able to offer loans to first-time PPP borrowers on Monday and Tuesday, then to second-time borrowers on Wednesday. All other participating lenders will be able to process loans in the days following.
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January 11, 2021
PPP reopens with focus on underserved borrowers
CNBC’s Kate Rogers reports on the next phase of PPP loans and the state of small business. Brock Blake, CEO of Lendio, the largest small biz loan marketplace in U.S., joins the team to discuss.
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