fbpx

ENTREPRENEURS BANKING ENTREPRENEURS

VISTA BANK

Newsroom

Relevant. Timely. Positive.

In The News

Treasury-Department

Here’s what the SBA is doing to get ready for PPP Round 2

By Tristan Navera and Anna Butler – Dallas Business Journal Apr 24, 2020, 5:03pm EDT The U.S. Small Business Administration is readying to dole out billions more in loans for businesses nationwide. In a joint statement issued Friday afternoon, SBA Administrator Jovita Carranza and Treasury Secretary Steven Mnuchin said the agency would begin accepting new PPP loan applications

Read More »
SBA-Loan

PPP reality for banks: Grueling hours, not much profit

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

Read More »
Brian

Lubbock businesses benefit from small biz loans

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

Read More »
Trail-Ice-House

Texas leads the country in most approved PPP loans

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

Read More »