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Blog

Tag: Paycheck Protection Program (PPP)

Events, News

Lisa Mensah Testifies Before Senate Small Business and Entrepreneurship Committee

On March 17, the U.S. Senate Committee on Small Business & Entrepreneurship held a hearing entitled “The Paycheck Protection Program: Performance, Impact,…

March 19, 2021
News

Take Action to Support $1 Billion for CDFIs!

In the past year, more has been asked of the CDFI industry than ever before, and CDFIs have stepped up to serve…

March 18, 2021
News

Biden Reforms to Paycheck Protection Program Advantage Smallest Businesses

On February 22, the Biden Administration announced changes to the Paycheck Protection Program (PPP) designed to deepen the program’s ability to reach very small…

February 25, 2021
News

Rocky Start as SBA Re-opens Next Round of PPP Lending

As America reckons with a Titanic scale economic impact from COVID-19, we can’t afford to wait for relief for small businesses that…

January 12, 2021
News

Historic Funding for CDFIs in FY2021 Omnibus Appropriations and COVID-19 Relief Bill

Updated January 7, 2021 On December 22, Congress passed a massive $900 billion FY2021 Omnibus Appropriations and COVID-19 Relief Bill that included historic…

December 22, 2020
News

Congress Includes CDFI Provisions in Bipartisan COVID Relief Legislation

As the year comes to a close, Congress continues to negotiate legislation to provide much-needed COVID relief but has yet to vote…

December 15, 2020
News

CDFI Fund Expands Target Market Eligibility for PPP Lending

On December 9, CDFI Fund Director Jodie Harris announced that CDFIs that made PPP loans outside their approved target market(s) during calendar year 2020 will not…

December 14, 2020
Voices

ACE Accelerates Growth and Resiliency of Diverse Businesses with Wells Fargo Grant

The magnitude of this global pandemic’s impact on small business is extraordinary, posing an unparalleled economic danger to families and communities. Unwavering…

December 10, 2020
Voices

DreamSpring Offers Affordable Alternative to Predatory Loans with Wells Fargo Grant

This post was written by OFN Blog guest author Mary Perkins, Director of Philanthropy, DreamSpring. DreamSpring is a recipient of a Wells…

September 28, 2020
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