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Small Business Administration

FintechNews RoundupUSA
·May. 11, 2020

New Guidance Slows Firehose of Funds from the PPP

When the government announced the first tranche of funding for the Paycheck Protection Program (PPP) there was a flood of...
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FintechNews RoundupUSA
·May. 6, 2020

How the SBA’s E-Tran System Became the Center of the PPP

The government did not have a good mechanism for extending $670bn in small business loans and the SBA’s E-Tran came...
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FintechNews RoundupUSA
·Apr. 14, 2020

Mark Cuban Says Banks are Leaving SMBs Out in the Cold

Mark Cuban says banks are not acting quickly enough to extend credit to small businesses through the Small Business Administration’s...
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FintechNews RoundupUSA
·Apr. 20, 2020

Fintech Lenders Hope PPP Refresh Will Cater to Small Companies

The average loan size for PPP loans to date is $240,000 which fintech lenders have argues is catering to bigger...
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FintechNews RoundupUSA
·Mar. 11, 2019

Lend Academy Podcast: Karen Mills of Harvard

The former head of the Small Business Administration and current Senior Fellow at Harvard talks about her new book and...
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FintechNews RoundupUSA
·Mar. 20, 2020

From the LendIt Fintech Vault: Karen Mills on Fintech, Small Business and the American Dream

Several online small business lenders that we have spoken with this week are seeing record requests for credit as small...
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FintechNews RoundupUSA
·Mar. 17, 2020

SBA Faces Resource Challenges to Support Small Businesses

The government is working to ensure that the Small Business Administration can offer small businesses up to $50 billion in...
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FintechNews RoundupUSA
·Apr. 9, 2020

SBA Gets Much Needed Help from Amazon to Speed up Stimulus Funds Processing

The Small Business Administration has been using a system known as E-Tran which was never intended to handle the volume...
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FintechNews RoundupUSA
·Apr. 2, 2020

Fintech Could Save the Small Business Community

U.S. small businesses make up 47.3 percent of the private workforce according to the Small Business Administration; on average those...
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FintechNews RoundupUSA
·Apr. 8, 2020

SBA Computer Issues Holding Up Small Business Loans

Small businesses are eager to get assistance from the $349 billion lending program for small businesses; it appears that businesses...
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