When Is 100% Not 100%? Steps to Ensure Your SBA Loan Guarantee

When Is 100% Not 100%? Steps to Ensure Your SBA Loan Guarantee

The recent launch of the Small Business Administration’s (SBA) new Paycheck Protection Program (PPP) has given me a lot to think about. Unlike many, I have some mixed emotions over the program. There are many benefits to the PPP. People’s paychecks and jobs will be secured for a little longer, helping Americans to hold on […]

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SBA Payroll Protection Program is Closed… For Now

SBA Payroll Protection Program is Closed… For Now

Community banks are getting a reputational tailwind after doing their part to disburse the Small Business Association’s (SBA) Payroll Protection Program (PPP) loan funds to small businesses with Jim Cramer famously saying that he, “should have used a community bank” on CNBC. Community banks and credit unions have been the primary vehicle for small business […]

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Coronavirus Impact on Banking: Wall Street vs. Main Street

Coronavirus Impact on Banking:  Wall Street vs. Main Street

One month ago, life was good. Spring was just around the corner. Many people were getting ready for spring break. The dogwoods and azaleas were about to bloom at Augusta National for the Masters. Now, none of that matters. We are living through a chapter or two of a future history textbook. The first thing […]

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