Fed says working to broaden access to 'PPP' facility beyond banks

by Aurelia Butler 23 April 2020, 22:10 169 Views

The Small Business Administration’s Paycheck Protection Program loans are being made by an array of institutions, including many deposit-taking banks but also Community Development Financial Institutions, financial technology firms and others.

The Fed program currently allows only banks to use their PPP loans as collateral to borrow from the Fed.

Source: Economy - investing.com

Bakkt’s New CEO Steps Down After Only 4 Months

U.S. pre-paid card providers angle for slice of stimulus check action: industry groups

This portal is not a newspaper as it is updated without periodicity. It cannot be considered an editorial product pursuant to law n. 62 of 7.03.2001. The author of the portal is not responsible for the content of comments to posts, the content of the linked sites. Some texts or images included in this portal are taken from the internet and, therefore, considered to be in the public domain; if their publication is violated, the copyright will be promptly communicated via e-mail. They will be immediately removed.

Fed says working to broaden access to 'PPP' facility beyond banks

Bakkt’s New CEO Steps Down After Only 4 Months

U.S. pre-paid card providers angle for slice of stimulus check action: industry groups

ITALIAN LANGUAGE

ENGLISH LANGUAGE