COVID-19 Pandemic

what are ppp loans

```html Understanding PPP Loans: A Comprehensive Guide The Paycheck Protection Program (PPP) loans have been a pivotal financial lifeline for many businesses during challenging times. But what are PPP loans? This blog post delves into the intricacies of PPP loans, their purpose, eligibility, and impact on small businesses. What Are PPP Loans? PPP loans are a part of the U.S. government's response to the economic distress caused by the COVID-19 pandemic. The loans are intended to provide financial support to small businesses, enabling them to keep their workforc...
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UOB offers $200,000 pre-approved loans to small businesses

The bank has approved three times more loans in March compared to January. United Overseas Bank (UOB) today announced that it will be offering pre-approved loans of up to $200,000 to help ease the short-term liquidity woes of small businesses impacted by the COVID-19 pandemic, the bank announced. The collateral-free loan is intended to help small businesses, which make up two in three of all small- and medium-sized enterprises in Singapore, especially those from hard-hit sectors such as retail and food and beverage, said UOB. The bank has approved three t...
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