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

By Andy Medici and David Ajamy – Dallas Business Journal Jun 26, 2020, 5:50pm CDT Updated Jul 2, 2020, 3:11pm CDT The Federal Reserve’s $600 billion Main Street Lending Program has been signing up lenders — but not all DFW banks have joined up. The program — first announced as part of the Fed’s larger $2.3

By Taylor Tompkins – Data Reporter, Dallas Business Journal Jul 3, 2020, 8:33am EDT Community bank leaders from across the country met with the United States treasury secretary Wednesday to discuss the federal government’s financial response to the coronavirus pandemic’s effects — and North Texas had a seat at the table. Vista

Family-owned, century-old Vista Bank weathered Texas’ devastating Dust Bowl, endured a couple world wars and survived the bank-busting Great Recession. Now, as a highly contagious virus infects the global economy, the 15-location community bank is taking on one of the biggest business loan programs ever launched in the U.S. Vista

THU, APR 16 20201:38 PM EDT CNBC’s Kelly Evans discusses how community banks worked diligently with interagency support including the Federal Reserve and the Small Business Administration to roll out the Paycheck Protection Program (PPP), helping keep real people off the unemployment line. Driving home the need for a second

BY ALEX EDWARDS • JUL 29, 2020 The government has been hard at work in its efforts to save small businesses in the U.S. from the backlash of the COVID-19 pandemic. The Paycheck Protection Program (PPP) was rolled out months ago to help businesses with 500 employees or fewer keep their workforce employed.

August 6, 2020 by James Thomas, Southern Dallas Magazine In the wake of the pandemic, over 41% of black-owned businesses across the United States have closed for good. As many small to mid-sized businesses struggle across the nation – the fight continues as they do everything realistically possible to keep the doors open. 

By Rebecca Ayers  – Staff Writer, Dallas Business Journal Now that the Paycheck Protection Program has come to an end, the Federal Reserve’s Main Street Lending Program (MSLP) is still winding up.  Reports show that demand in the initial roll-out of the MSLP hasn’t been nearly as high as it was with the