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Showing page 97 of 324.
Ben Popken @bpopken
RT @NBCNews: Facing furor, Ruth's Chris high-end steak chain returns its $20M small business loan. https://t.co/kY2XmzrVGy — PolitiTweet.org
Ben Popken @bpopken
RT @mdavidallen: @bpopken this is just like the rapid-action post financial crisis: money goes out before there's time to put many guards i… — PolitiTweet.org
Ben Popken @bpopken
So what happens to PPP money when a company "returns it?" The money itself goes back to the bank. The loan is canceled. The SBA, after the fund is replenished, says its can approve new loans using the returned amount, according to its interpretation. — PolitiTweet.org
Ben Popken @bpopken
Facing furor, Ruth's Chris high-end steak chain returns its $20M small business loan https://t.co/1QeSiyM4mq new by me and @SRuhle — PolitiTweet.org
Ben Popken @bpopken
“it is unlikely that a public company with substantial market value and access to capital markets will be able to make the required certification in good faith,” the new guidance reads. — PolitiTweet.org
Ben Popken @bpopken
SBA clarifies that big biz shouldn't apply for PPP in new guidance issued Thursday before House vote on new funding: https://t.co/6dDuHgsHBx https://t.co/yedJCxh5M9 — PolitiTweet.org
Ben Popken @bpopken
RT @SRuhle: I am puzzled by lawmakers who are upset about who received the #PPP $. The terms of the program were set by the government. I… — PolitiTweet.org
Ben Popken @bpopken
Wealthy PPP applicants got concierge service while retail customers struggled with flaky portals https://t.co/MS6aX5bMdU https://t.co/VQecjUBj5A — PolitiTweet.org
Ben Popken @bpopken
Please don’t shut down @Wunderlist during coronavirus and make it a Microsoft product. This to-do app is holding our family together! :) https://t.co/bH3nk5ToG5 — PolitiTweet.org
Ben Popken @bpopken
@DylanByers Thank you sir! — PolitiTweet.org
Ben Popken @bpopken
RT @BrandyZadrozny: Many of the small but loud stay-at-home protests being planned in a bunch of states are the work of a quartet of far-ri… — PolitiTweet.org
Ben Popken @bpopken
Shake Shack says it’s returning $10 million PPP small business loan because it obtained other capital and other businesses need the money more. https://t.co/Dk4MJ7M70E — PolitiTweet.org
Ben Popken @bpopken
'It's like New Year's every day,' as lockdowns drive increase in booze and pot sales https://t.co/541sjyiHqa new by me — PolitiTweet.org
Ben Popken @bpopken
And remember that just 4 percent of these PPP loans in the mad dash for cash were for over $1 million, but they took up 45% of the kitty. https://t.co/ZWLK51QZDa https://t.co/qHwOTFJhYG — PolitiTweet.org
Ben Popken @bpopken
RT @CASottile: Fighting the coronavirus on the frontlines is hard enough. Now imagine being a doctor without running water at home. That’s… — PolitiTweet.org
Ben Popken @bpopken
RT @SRuhle: While Congress debates approving another $250bn for #PPP, It’s nowhere near enough to meet the demand. Bankers likening the pr… — PolitiTweet.org
Ben Popken @bpopken
The use of "that" here just kinda tickles me. Makes this sounds like a folksy warning. Just add "darn." — PolitiTweet.org
Ben Popken @bpopken
"I also understand that many of you are frustrated that you applied early in the process, but that SBA funding ran out before you could receive a loan," CEO of Chase Business Banking Jennifer Roberts wrote in a new letter tonight https://t.co/Ei0bOtZQcZ — PolitiTweet.org
Ben Popken @bpopken
BREAKING SCOOP: Most PPP borrowers never had a chance -- small biz money ran out in "minutes" "Like a stampede through the eye of a needle" said one banking exec. @nbcnews exclusive: https://t.co/62kwlUiExd by @SRuhle and @bpopken — PolitiTweet.org
Ben Popken @bpopken
RT @SRuhle: IT WAS LIKE A STAMPEDE THROUGH THE EYE OF A NEEDLE... The majority of #PPP applicants never had a chance. @bpopken & I got a p… — PolitiTweet.org
Ben Popken @bpopken
Overall, since the emergency fund was “first come, first served,” only small-business owners who got their applications in at the absolute earliest were likely to get funded. — PolitiTweet.org
Ben Popken @bpopken
A senior Bank of America executive said that, on the first day alone, the bank received over 10,000 applications per hour. The bank had just "thousands" of those approved by the SBA, CEO Brian Moynihan said during an earnings call last week. — PolitiTweet.org
Ben Popken @bpopken
"We didn't even get through the first five minutes of applications," a JPMorgan Chase senior banking executive told @NBCNews. — PolitiTweet.org
Ben Popken @bpopken
“It was Hunger Games,” said one senior banking executive of the rush for PPP funding. — PolitiTweet.org
Ben Popken @bpopken
Small-business loan program ran out of money within minutes, some banks say https://t.co/62kwlUiExd new by @SRuhle and me — PolitiTweet.org
Ben Popken @bpopken
RT @NBCNews: Small-business owners across the country are outraged after the coronavirus relief program intended to extend them a financial… — PolitiTweet.org
Ben Popken @bpopken
On Friday the SBA disclosed the first total accounting of the initial phase of the PPP program. Three-quarters of the loans were for $150,000 and under. Four percent of the loans were for over $1 million, consisting of nearly 45 percent of the total money disbursed. — PolitiTweet.org
Ben Popken @bpopken
Approximately $6 billion of the $350 billion PPP program went to lender fees, as provided in the legislation. — PolitiTweet.org
Ben Popken @bpopken
Some small business owners got $0 — while lenders got billions in fees https://t.co/ZWLK51QZDa — PolitiTweet.org
Ben Popken @bpopken
RT @bpopken: Meat supply chains are so disrupted people are buying turkey in April! 😰🍴🦃 https://t.co/SVRUoA57n2 — PolitiTweet.org
