Operator
Good morning, and welcome to the Popular, Inc. First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to Paul Cardillo, Investor Relations Officer of Popular. Please go ahead.
Paul J. Cardillo
IR Officer
Good morning, and thank you for joining us. With us on the call today is our CEO, Ignacio Alvarez; our Chief Financial Officer, Carlos Vazquez; and our CRO, Lidio Soriano. They will review our results for the first quarter and then answer your questions. Other members of our management team will also be available during the Q&A session. Before we start, I would like to remind you that on today s call, we may make forward-looking statements that are based on management s current expectations and are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements are set forth within today s earnings press release and are detailed in our SEC
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PPP loan taken out in business owner s name without their knowledge
PPP loan taken out in business owner s name without their knowledge
4 hours 43 minutes 33 seconds ago
Monday, April 26 2021
Apr 26, 2021
April 26, 2021 7:35 PM
April 26, 2021
in
News
Source: WBRZ
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DENHAM SPRINGS - Some strange money games are happening in Livingston Parish. An area business owner finding herself listed as having a PPP loan, even though she hasn t received the money.
Now, Brittany Hopkins is afraid she ll have to pay back thousands of dollars she doesn t have and is trying to figure out how this all happened. It s just greed. It s selfish, and it s sad, Hopkins said.
Now, the argument has been made that additional stimulus packages would help such people even more.
Milan Kordestani, a contributor to the Entrepreneur Leadership Network, wrote for Entrepreneur magazine this week, arguing that “With More Stimulus, Startups Could Grow at Warp Speed.” Kordestani, per his bio, is the CEO and founder of three active companies: The Doe, Guin Records, and Dormzi.
“Thanks in large part to the Payment Protection Program, startups have had access to low-interest (and potentially forgivable) loans to help them sustain and grow their businesses,” Kordestani wrote. “However, even under the expanded PPP criteria, businesses needed to be in operation since February 15, 2020, or earlier. Consequently, startups that began during the pandemic could not access this cash.”