While the number still remains small, the amount of Paycheck Protection Program (PPP) fraud cases continues to rise.
PPP loans have provided a much-needed lifeline to many small businesses, non-profits, and sole proprietors during the Coronavirus pandemic, however the rushed creation of this program is starting to show its negative side effects. Just this week, we’ve seen two new arrests in relation to PPP fraud.
The coverage of the Paycheck Protection Program and PPP forgiveness has been so vast that many of the additional loans, grants, and other aid given since Coronavirus shutdowns began in March have been brushed to the side. With such a focus on the forgiveness of PPP loans, many loan recipients who received additional government aid may be in for a shock when they determine their forgiveness amount.
Teslar Software will be hosting an ICBA webinar in September! Join David Hamrick, Account Executive at Teslar, to see why bankers choose Teslar Software and how we can empower community bankers.
ICBA’s Kevin Tweddle Joins Teslar Software Board of Directors
Tweddle brings innovative insights, leadership and industry connections to well-appointed board
Join us for a quick 30-minute webinar to learn how to increase visibility into deposit exceptions on a regional, branch, and individual level and to empower your FSR's or CSR's.
Mark Cuban, Citizens Bank of Edmond and Teslar Software Team Up to
Help All Small Businesses with PPP Forgiveness
Group collaborates to launch free website that simplifies and streamlines PPP forgiveness for small businesses, regardless of lender
Community Banks Manage PPP Loan Forgiveness with Teslar Software
Embedded solution available to streamline and automate loan forgiveness;
helps small businesses calculate their options today
Teslar Software will be participating in an exciting virtual event alongside other fintechs tomorrow (Thursday, May 21st) at 11:00am CDT! The Alliance for Innovative Regulation, the ICBA, and the Venture Center are hosting “PPP Tech | Loan Forgiveness Solution Sprint,” a virtual event to showcase technology solutions to help with PPP Forgiveness-- reporting, managing, and servicing these loans. Each invited fintech will spend five minutes demonstrating their solution followed by a Q&A session with community bank leaders.
Citizens Bank Partners with Teslar Software to Better Serve its Communities
Bank selects automated workflow and portfolio management tools to improve operations, enhance customer experiences
On Monday (April 20th) oil prices reached below zero for the first time ever at negative $37 a barrel, meaning traders were paying money to get people to take oil for the month of May. A recent article from NPR says, “It’s a sign of just how imbalanced the global oil markets are.”