By Patrick Rehkamp and Rebecca Ayers – Dallas Business Journal May 2, 2020, 10:27am EDT For banks participating in the U.S. Small Business Administration’s Payroll Protection Program, the hours are long and the technological investments to process loans are costly, but the payoff is paltry, bankers say. However, some community banks have had the

By Sarah Self-Walbrick Posted Apr 19, 2020 at 12:01 AM Updated Apr 20, 2020 at 11:32 AM  Less than two weeks after it launched, the Small Business Administration’s Paycheck Protection Program exhausted its $349 billion loan pool Thursday, but Lubbock-area businesses were able to benefit before the well ran dry. The

Author: Jason Whitely Published: 4:45 PM CDT April 10, 2020 Updated: 10:52 PM CDT April 10, 2020 A week after banks began taking applications for the Paycheck Protection Program, small businesses are starting to receive the stimulus money. “We have three restaurants in our group and between those we applied for

Photo by Abby Blasingame BY ABBY BLASINGAME PUBLISHED IN LIVING JUNE 11, 2020 12:45 PM SMS After eight years as a fixture in the Dallas fashion community, Princess Pope is just getting restarted. During the early hours of May 30, peaceful protests mourning George Floyd’s death at the hands of police were

Author: Tiffany Liou Published: 6:24 PM CDT June 10, 2020 Updated: 6:31 PM CDT June 10, 2020 On Wednesday, Princess Pope pulled up to Guns & Roses Boutique in Downtown Dallas to find dozens of people waiting outside her store. They were there to help her clean up. Guns &

Photo Credit: Taylor Lumsden Author: Rebecca Ayers (Dallas Business Journal) Published: 5:05 PM CDT April 15, 2020 Updated: 5:05 PM CDT April 15, 2020 Texas leads the country with the most approvals for the U.S. Small Business Administration’s Paycheck Protection Program as of April 13, according to SBA data obtained

By Rebecca Ayers – Staff Writer, Dallas Business Journal Apr 8, 2020, 2:38pm CDT Updated Apr 8, 2020, 4:58pm CDT The SBA has multiple loan programs for struggling small business owners, but the Paycheck Protection Program is one of the newest loan programs that could help small businesses stay afloat amid the COVID-19 pandemic.

By Angus Loten June 9, 2020 4:48 pm ET Small businesses have been barred from using software robots to apply for loans under the federal Paycheck Protection Program. But makers of the bots are leveraging the enormous task of processing those loans as a selling point to banks. Some of the

By Rebecca Ayers  – Staff Writer, Dallas Business Journal July 7, 2020 The U.S. Small Business Administration released a portion of Paycheck Protection Program loan information on Monday that contains national data down to the ZIP code for recipients of the funding earmarked to help small businesses weather the economic fallout and uncertainty