Paycheck Protection Program
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Centric Bank One of Few Community Banks Accepting PPP Applications from Businesses That Are Not Existing Customers
The anecdotal evidence seems to suggest that small businesses have been more successful applying for loans through the federal Paycheck Protection Program with community banks…
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Malvern-Based Neuronetics Repaying PPP Loan Due to Eligibility Concerns of Public Companies
Malvern-based Neuronetics has decided to immediately repay the $6.4 million Paycheck Protection Program loan it received through Silicon Valley Bank due to questions concerning the…
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CCEDC Official a Panelist in Discussion of How Economic Development Leaders Are Tackling Pandemic
The Philadelphia Business Journal hosted a virtual conversation – entitled “Straight Talk: A Look at How the Region’s Economic Development Officials Are Tackling the Pandemic”…
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Some Basic Advice for Paycheck Protection Program Borrowers
By James E. McErlane Many businesses and institutions have received forgivable loans from the federal government under the Paycheck Protection Program (PPP). The PPP program…
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RKL Delivers Loan Forgiveness and Cash Flow Insights for Better Decision-Making amid COVID-19
Did your business receive one of the 36,604 Paycheck Protection Program (PPP) loans issued thus far by the Small Business Administration (SBA) in Pennsylvania? If…
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With Second Round of PPP Approaching, See How Many Loans These Local Banks Have Approved
Local banks are ready to continue working with small businesses on getting their stimulus loans ahead of the second round of the Paycheck Protection Program,…
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Through Paycheck Protection Program, First Resource Bank Worked Tirelessly to Save Thousands of Jobs
In the weeks after the CARES Act was signed into law in late March, banks all across the country worked tirelessly on behalf of small…
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Mid Penn Bank Closes $470 Million in Loans for Small Businesses from Paycheck Protection Program
Mid Penn Bank has helped to close $470 million in loans for small businesses through the federal Paycheck Protection Program (PPP) and has already disbursed…
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Local Businesses Experience Varying Degrees of Success with SBA’s EIDL, PPP Loan Programs
Many small business owners in the Philadelphia region have not had much luck so far with the SBA’s Economic Injury Disaster Loan Program nor the…
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