Nick Simpson
Senior Vice President, Public Affairs
- (202) 552-6371
- nsimpson@consumerbankers.com
- @nicklaus
- Nick SImpson
More From Nick Simpson
October 13, 2020CBA, SBFE Small Business Data Shows First Full COVID-19 Quarter, PPP Impact WASHINGTON – The Consumer Bankers Association and Small Business Financial Exchange today released the Small Business Lending Trends report covering the second quarter of 2020. The report, which is released quarterly, examines key credit information for America’s small businesses and shows delinquency peaking for most account types as the COVID-19 pandemic spanned the entirety of its first quarter. Key findings from the report, which examined data from Q2 2020, include: Delinquency peaked in early Q2 2020 for most...
October 9, 2020CBA Statement on Treasury, SBA Latest PPP Forgiveness Process WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Small Business Administration and the Department of Treasury attempted to streamline the forgiveness application for Paycheck Protection Program loans less than $50,000: “While we appreciate SBA and Treasury attempting to streamline the forgiveness process, it is apparent Congressional action is needed for the true streamlined forgiveness mom-and-pop businesses need. This newest process still requires a significant...
September 30, 2020CBA Statement on PPP Streamlined Forgiveness UC *** “Small businesses need practical forgiveness solutions now, not months from now” and “We are disappointed some Senators chose to stand in the way of helping small businesses in their states.” *** WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after Sen. Kevin Cramer (R-N.D.) offered a unanimous consent agreement on the bipartisan Paycheck Protection Small Business Forgiveness Act (S. 4117), which is supported by a third of the U.S. Senate and more than 100 associations representing...
