Tag Archives: paycheck protection program

SBA Inspector General Issues FY 2021 Management Challenges Report

SBA

The Small Business Administration’s (SBA) office of inspector general has issued a report on eight performance and management challenges facing SBA in fiscal year 2021. “Managing COVID 19 stimulus is the greatest overall challenge facing SBA currently. This crucial new challenge is exacerbated by persisting management and performance challenges best described as systemic,” the report states.

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SBA, DoT Release PPP Loan Data; Steven Mnuchin, Jovita Carranza Quoted

Steven Mnuchin

The U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury (DoT), has released detailed loan-level data in regards to the loans made under the Paycheck Protection Program (PPP), the administration reported on Monday. This disclosure covers each of the 4.9 million PPP loans that have been made.

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SBA Launches PPP Tool to Connect Borrowers with Lenders; Jovita Carranza Quoted

Jovita Carranza

Jovita Carranza, Small Business Administration (SBA) administrator, has launched an online tool for small businesses and nonprofits to be matched with Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs), Farm Credit System lenders, Microlenders and traditional smaller asset size lenders in the Paycheck Protection Program (PPP), SBA announced on Monday.  

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Anil Cheriyan on How GSA’s TTS Helps Address Agencies’ Digital Needs During COVID-19 Pandemic

Anil Cheriyan

Anil Cheriyan, director of the General Services Administration’s (GSA) Technology Transformation Services, said his team has seen a significant increase in the demand for its services as agencies address their digital technology requirements during the coronavirus pandemic, FedScoop reported Monday.

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Maria Roat: SBA Addresses Cyber Threats Amid Response to COVID-19 Pandemic

maria-roat-sba-addresses-cyber-threats-amid-response-to-covid-19-pandemic

Maria Roat, chief information officer at the Small Business Administration (SBA) and a 2020 Wash100 Award winner, said SBA’s security operations team is implementing SBA Connect authentication for new capabilities and performing penetration testing to address data security issues during the coronavirus pandemic, FedScoop reported Thursday.

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SBA Releases Statement Regarding PPP Amidst COVID-19 Pandemic; Jovita Carranza, Steven Mnuchin Quoted

sba-releases-statement-regarding-ppp-amidst-covid-19-pandemic-jovita-carranza-steven-mnuchin-quoted

The Small Business Administration (SBA) administrator Jovita Carranza and U.S. Treasury secretary Steven Mnuchin issued a statement on Friday regarding the success of the Paycheck Protection Program (PPP) in lieu of the COVID-19 pandemic. 

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Veritone Receives $6.5M of Loans Under PPP for COVID-19 Relief; Chad Steelberg, Ryan Steelberg Quoted

veritone-receives-65m-of-loans-under-ppp-for-covid-19-relief-chad-steelberg-ryan-steelberg-quoted

Veritone and its subsidiary, Veritone One announced that the companies have received a total of $6.5 million of loans from Sunwest Bank under the Paycheck Protection Program (PPP) contained within the new Coronavirus Aid, Relief, and Economic Security (CARES) Act, the company announced on Friday.

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