Lender Match Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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By Bonita Gooch/The Community Voice • Feb 19, 2021 Changes to the PPP program are intended to level the playing field for underbanked businesses, which are disproportionally Black- and brown-owned. The good news about the new $5 billion of Paycheck Protection Program (PPP) funds approved by Congress in December is that Congress made some favorable revisions just to help small businesses and businesses owned by people of color. The program includes a new loan and forgivability terms, a reduced maximum loans size — making the loans more appealing to smaller businesses vers...

February 1, 2021 ALTOONA, Pa. — The Small Business Administration (SBA), in partnership with the Penn State Altoona LaunchBox supported by the Hite family, will offer the free webinar on the Lender Match Program at 11 a.m. Monday, Feb. 8. SBA Western Pennsylvania Lender Relations Specialist Lynn Ann Vozniak will explain how the online lending platform can match your financial needs with an SBA-qualified lender in as little as 48 hours.

3:30 The Paycheck Protection Program has helped fund loans for over 5.2 million small businesses across the United States in the last year. That number is set to rise as another round of funding for the Paycheck Protection Program has been approved by Congress. $284 billion has been allocated to fund small business loans. Shelley Brown, a lender relations specialist for the Small Business Administration, says the priority is to focus on businesses most impacted by the pandemic—especially those that have not received previous help from the Paycheck Protection Program. “Congress intended th...