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Policy News – March 25, 2020

After a long weekend of negotiations, the Senate failed to pass the third economic relief stimulus package to further combat the economic fallout out of COVID-19. The 47-47 procedural vote fell short of the 60 vote threshold to pass the package that included...

Industry News – March 25, 2020

Small Business Administration: $50B Coronavirus Lifeline ‘Already Starting to Be Approved’ President Trump recently stated that the SBA would serve as a clearing house for “up to $50 billion” in available loans to help struggling small businesses weather...

Policy News – March 19, 2020

The Small Business Roundtable, a coalition of leading small business and entrepreneurship organizations, sent a letter to congressional leadershipurging policymakers to keep small businesses at the forefront of discussion during this time of economic crisis. Sign on...

Industry News – March 19, 2020

Square Receives Conditional Approval of FDIC Insurance Yesterday the FDIC Board voted to conditionally approve Square’s application for deposit insurance related to its Industrial Loan Company (ILC) bank charter. Square has also received charter approval from the Utah...

Industry News – March 12, 2020

Small Businesses Face Coronavirus Hurdles Everyone is feeling the effects of COVID-19 but small business owners across the country are feeling the biggest impact in their bank accounts, laving many to wonder if they can weather the economic storm. Source: Forbes...