Recently two reports on the Paycheck Protection Program (PPP) were released. In addition, a U.S. District Court in Michigan ruled that the SBA cannot limit which small businesses are eligible for the PPP:
Yesterday, OFN President and CEO Lisa Mensah and other members of the OFN team spoke with U.S.
On Saturday, April 4, Southern Bancorp CEO Darrin Williams appeared on Fox News with correspondent Leland Vittert to discuss the rollout of the new SBA Paycheck Protection Program and how Southern Bancorp and other CDFIs and community banks are managing the influx of loan applications and...
By a vote of 96-0, on March 25 the US Senate passed the CARES (Coronavirus Aid, Relief and Economic Security) Act, which commits $2 trillion in emergency spending to address the COVID-19 (coronavirus) crisis.