Paycheck Protection Program

Statement by President Biden Applauding House Passage of Paycheck Protection Program Extension

The House of Representatives voted to extend the deadline for the Paycheck Protection Program. Here’s President Biden’s statement, below. Small businesses are the engines of our economy, the glue of our communities, and account for half of private sector employment. But since the start of this pandemic, more than 400,000 small businesses have permanently closed […]

Is Bank Of America Trying To Wreck The PPP Loan Program Under President Biden?

This latest OaklandNewsNow.com post on the Bank of America PPP Loan Program was ignited by an email from San Diego lawyer JoEllen Plaskett, who’s story is recounted here. She opened the door for me to look at the larger picture of what Bank of America PPP Loan Program Second Draw customers are facing: delays, frustrations, […]

What They Are Saying As House Passes President Biden’s American Rescue Plan

The White House released this “What They Are Saying” press release after the U.S. House of Representatives passed President Biden’s American Rescue Plan WHAT THEY ARE SAYING: House Passes President Biden’s American Rescue Plan Today, the House voted to pass the American Rescue Plan, a historic accomplishment that will provide immediate relief and support to […]

Hey Bank of America – Biden-Harris Administration Paycheck Protection Program PPP Changes Announced Today

After this blogger complained about how Bank of America was handling the Paycheck Protection Program (PPP) Loan Program four times, like here and here, over the weekend, BofA unlocked the unexplained prohibition on my firm applying for a second draw. Now, today, the Biden-Harris Administration announced major changes to the Paycheck Protection Program (PPP) designed […]

Biden Administration Must Review Bank Of America PPP Loan Program For Racial Bias

The PPP Loan Program is now in its second-draw status, and the loan forgiveness process is under way. My firm, Zennie62Media, received a first PPP Loan last year, but only after a roller-coaster process that started with Bank of America restricting PPP Loan access to those who had credit cards with the bank, even though […]

Biden Administration SBA, Economic Officials Meeting With Small Business Leaders Mentions PPP Loans

Readout of Senior Administration Economic Officials’ Meeting with Small Business Leaders and Advocates Notable that Paycheck Protection Program (PPP) Loans were discussed, and with the objective of getting more dollars to communities of color. Only two percent of all PPP Loans went to black business owners. Today, Acting Small Business Administrator Tami Perriello, Director of […]

Oakland’s Community Bank of The Bay Earns $1.24 Million in Third Quarter 2020

Community Bank of the Bay Earns $1.24 Million in Third Quarter 2020; Deposits Increase 32% and Loans increase 21% Year-Over-Year; Lower Loan Loss Provision Quarter-Over-Quarter As a note, Oakland’s Community Bank of The Bay was started in 1996 by The City of Oakland and with the intention of being the first, true, city-owned bank. A […]

Moms 4 Housing Now A Community & Land Trust-Owned Home – Oakland Councilmember Bas

Oakland District Two Councilmember Nikki Bas’ Digitized Newsletter Last week, I was so moved to see #MomsHouse on Magnolia Street finally become community-owned as permanently affordable, transitional housing for unsheltered mothers. Congratulations to Dominique Walker, Tolani King, Misty Cross, Sameerah Karim and Carroll Fife for leading this movement to end corporate speculation and house more […]

City Of Oakland, Working Solutions, Launch Home-Based Business Grant Program

Oakland – The City of Oakland received $36.9 million in State of California CARES Act funding. Of that amount, the Oakland CARES Act Home-Based Business Grant Program will distribute $500,000 in grants of $2,000 to $4,000 to home-based, for-profit businesses in Oakland. Working Solutions, a Bay Area nonprofit, is administering the application and grant-making process. […]

Bank Of America PPP Loan Mess Leads To Wrongly Asking Americans To Give EIDL Money Back

Bank Of America’s PPP Loan (Payroll Protection Program) Program Is A Horrible Mess Early on, Bank of America was the focus of a lawsuit because the banking giant was not properly processing the Payroll Protection Program Loans that were applied for as million of businesses were being impacted by or fearing impact of the Coronavirus. […]

City Of Oakland, Main Street Launch Open Grant Program For Oakland Small Businesses

Oakland – The City of Oakland received $36.9 million in State of California CARES Act funding. More than $4 million of those funds will go to the Oakland CARES Act Small Business Grant Program to support Oakland small businesses that have been impacted by the COVID-19 pandemic. The program anticipates distributing $10,000 grants to 402 […]

City Of Oakland, Center For Cultural Innovation Launch Grant Programs For Artists, Nonprofits

Oakland, CA – The City of Oakland received $36.9 million in State of California CARES Act funding. Through the Oakland CARES Fund for Artists and Arts Nonprofits, $1.425 million of those funds will go to support individual artists and arts nonprofit organizations that have been impacted by the COVID-19 pandemic. The Oakland CARES Arts Organizational […]

Bank Of America Paycheck Protection Program Website Access Works On Second Try

Bank Of America Paycheck Protection Program Website Access Works On Second Try ONN – Bank Of America Paycheck Protection Program Website Access Works On Second Try Earlier, the website for the Bank Of America Paycheck Protection Program supported by the CARES Act and the U.S. Small Business Administration did not work properly. Using basic access […]

Bank Of America Paycheck Protection Program Website Has Form Page Access Problem

Bank Of America Paycheck Protection Program Website Has Form Page Access Problem ONN – Bank Of America Paycheck Protection Program Website Has Form Page Access Problem The Bank Of America CARES Act Paycheck Protection Program has a problem where it’s website entry page takes you to, not the page to fill out the form for […]

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