Disaster Fund

Banks opt out of PPP loan forgiveness

At least three Big banks have opted out of a new process to get Paycheck Protection Program loans canceled directly by the Small Business Administration, The Intercept has learned, leaving their small business clients no other recourse. if the banks refuse to cancel loans or drag out the process. Bank …

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PPP Direct Borrower Forgiveness Portal Exceeds Expectations

Accepts over 340,000 submissions in less than two weeks August 20, 2021 Since the Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal opened on August 4, the US Small Business Administration has received more than 340,000 submissions from borrowers with PPP loans of $ 150,000 or less, highlighting the Administrator …

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POSTAL REALTY TRUST, INC. : conclusion of a material definitive agreement, operating results and financial position, creation of a direct financial obligation or obligation under an off-balance sheet arrangement of a registrant, financial statements and exhibits (Form 8- K)

Article 1.01. The conclusion of an important definitive agreement. On August 9, 2021, Postal Realty Trust, Inc. (the “Company”), as guarantor, Postal Realty LP (the “Operating Company”), as borrower, and certain indirect subsidiaries of the Company have entered into a credit agreement (the “Credit Agreement”) with Bank of Montreal, as …

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