Tag Archive for: Payroll Protection Program

60,000 Paycheck Protection Program Loans Approved in First Week

Today, the U.S. Small Business Administration announced that it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for more than $5 billion, between the program’s re-opening Jan. 11 and last Sunday. Last week, the PPP provided dedicated access to community financial institutions that specialize in serving underserved communities, including minority- women-, […]

To Get a Loan or Not Get a Loan – That is the Question in the Age of COVID-19

If you talk to a commercial real estate developer, they will say there is plenty of money out there for the lending and, believe it or not, it is cheap money. If you talk to a Realtor or homebuilder, they will tell you there is no better time to sell, buy or build a home […]