Ben Popken

Ben Popken @bpopken

RT @beckerdavidj: “If you did not get your ballot in time and you’re comfortable doing so, you should go to the board of elections on Elect… — PolitiTweet.org

Ben Popken @bpopken

RT @AliVelshi: BREAKING: ⁦@washingtonpost⁩ reports intel agencies issued warnings about coronavirus in more than a dozen classified briefin… — PolitiTweet.org

Ben Popken @bpopken

Despite the issues any eligible business owner in legitimate need of help should still apply in case more funding becomes available and systems improve. Local community banks have been one route and online nonbanks like Square and Paypal can take apps starting this round. — PolitiTweet.org

Ben Popken @bpopken

A new “lender gateway” built by Amazon Web Services for SBA was supposed to make make it easier especially for new nonbank lenders to submit to SBA. But not all banks ready to use and that hasn't been any guarantee of success. — PolitiTweet.org

Ben Popken @bpopken

There's no chance new applicants are getting in this round of PPP. The top 5 lenders alone had over 1 million applicants for over $100 billion, poised and ready to go at 10:30 a.m. this morning. — PolitiTweet.org

Ben Popken @bpopken

Don't worry about PPP money officially running out today because the SBA system is going so slowly. — PolitiTweet.org

Ben Popken @bpopken

SBA loan system has been up and down all morning. Fits and starts. Lockouts and login issues. Some bankers only able to get a few dozen PPP apps done at a time. — PolitiTweet.org

Ben Popken @bpopken

'Extremely disappointing' and 'entirely predictable' — slowdowns and lockouts plague second round of PPP https://t.co/H95xjqGDfF new by @bpopken and @SRuhle — PolitiTweet.org

Ben Popken @bpopken

RT @BrandyZadrozny: Leader of ReOpen NC group says she tested positive for COVID-19 https://t.co/jx0MQ818HG — PolitiTweet.org

Ben Popken @bpopken

Should WPA-style infrastructure spending should include hiring out of work people to lay down high speed broadband to the millions in need of access, esp in rural areas? Or backing funds for local authority boards to put together their own profitable coops? — PolitiTweet.org

Ben Popken @bpopken

@ShortFormErnie @jolingkent @nytimes It was shot on the left corner of that block. "First step's a doozy!" — PolitiTweet.org

Ben Popken @bpopken

@jolingkent @nytimes Ironically this photo is of the town where "Groundhog Day" took place. — PolitiTweet.org

Ben Popken @bpopken

How long will this PPP last? Bulk submit of 15k at a time. Remember during the last PPP top 10 lenders had between 9.4k-33.5k loans approved each. — PolitiTweet.org

Ben Popken @bpopken

SBA took steps this weekend to create some order on Monday for PPP and avoid some crashing. Banks can bulk submit loan apps at a minimum of 15k a time via an XML file. Looks like SBA will process each loan individually. — PolitiTweet.org

Ben Popken @bpopken

@sallyshin that's awesome! i picked up the guitar again during this time after quitting it in 7th grade — PolitiTweet.org

Ben Popken @bpopken

Round 2 of PPP starts Monday at 10:30am. Each major bank has over 100,000 apps locked and loaded. This time they can submit to SBA near-automatically. It's first come first serve. Will whether a loan gets approved come down to the nanosecond? — PolitiTweet.org

Ben Popken @bpopken

RT @NBCNightlyNews: Small businesses fear new $310 billion aid may quickly run out. @SRuhle reports. https://t.co/QP35oDyJUo — PolitiTweet.org

Ben Popken @bpopken

RT @SRuhle: Exactly @bpopken 👇👇 https://t.co/MaPlFi0Vw1 — PolitiTweet.org

Ben Popken @bpopken

On a related note... https://t.co/BKHXlkjk7Y by @SRuhle @jonallendc — PolitiTweet.org

Ben Popken @bpopken

And even before PPP, what you thought of as small business was probably smaller than the SBA definition. https://t.co/zD501GVbE1 https://t.co/hfwZjXHJ0G — PolitiTweet.org

Ben Popken @bpopken

Much outrage over PPP is because people imagine "small business" as Main Street USA. Congress executed a broader definition of "small biz" through "Small Business Administration" with banks conscripted to distribute $$ using their own filters/regs. It wasn't designed differently. https://t.co/vClB8OK6Ma — PolitiTweet.org

Ben Popken @bpopken

@AWS_Gov Hello what is your media contact line? — PolitiTweet.org

Ben Popken @bpopken

Like my stories? Get easy email notifications when new ones publish and follow along https://t.co/sFoenAmfZT — PolitiTweet.org

Ben Popken @bpopken

PPP set to "relaunch" Monday but it's unlikely any new businesses who apply now will get approved. It's only additional $310 billion and they would need at least $1 trillion to get through the backlog. Some banks already closed portals to new applicants, like Chase and PNC. https://t.co/AeEVPfOUDB — PolitiTweet.org

Ben Popken @bpopken

What happens to the lender fees that banks stood to get on the PPP money now being returned? Banking industry sources tell me no lender has gotten any of those fees yet, and if they do on the returned money, they will return those fees. — PolitiTweet.org

Ben Popken @bpopken

DMC Global, an oil wells servicing company with over 240 of its 740 employees based in France and Germany, is returning its $6.7 million PPP loan https://t.co/1M6bAJsyE4 — PolitiTweet.org

Ben Popken @bpopken

Rubio says SBA should start approving new PPP loans Monday morning. Imagine public companies will stay away this time, but who's next in line? — PolitiTweet.org

Ben Popken @bpopken

If PPP was limited to the 88 percent of firms with fewer than 20 employees it would have reached most of American small businesses and their employees. Firms with 100-499 employees only make up 1.7 % of small biz, yet law written to allow for 500 or fewer. https://t.co/MPNFYFLswT https://t.co/8eOrqDnCVi — PolitiTweet.org

Ben Popken @bpopken

$20 million #PPPloan lobster mac and cheese — PolitiTweet.org

Ben Popken @bpopken

RT @danprimack: Facing furor for following rules set out by Congress, explicitly written for chain restaurants. https://t.co/8R9TXFzvkY — PolitiTweet.org