The money was a potentially vital lifeline for vast numbers of real estate professionals. Unfortunately, it was also plagued by problems.
Source: Inman News
Small business loan program runs out of money after less than 2 weeks
Published in Agent, Coronavirus, COVID-19, Markets & Economy, Mitch McConnell, nancy pelosi, pandemic, paycheck protection program, PPP, real estate, SBA, Select, Stegemann, tribus, Trump administration and U.S. Small Business Administration
More from AgentMore posts in Agent »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from CoronavirusMore posts in Coronavirus »
- The internet fell hard for real estate in 2021. But can the love affair last?
- Los Angeles apartment owners sue over COVID rent freeze
- Demand for urban homes will be ‘muted’ for years: McKinsey
- Chris Heller: Brokerages and teams are playing chicken. Who will win?
- Will migration fizzle out in 2023? History points to existential shift
More from COVID-19More posts in COVID-19 »
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from Mitch McConnellMore posts in Mitch McConnell »
- Realtors get inside look at Capitol Hill politics, including Roe v. Wade
- Republicans eye liability insurance for CARES Act 2
- Senate approves $310B in new funding for small business loan program
- Making sense of the Senate’s coronavirus stimulus bill for real estate agents
- Real estate biz leaders join call for gun reform
More from nancy pelosiMore posts in nancy pelosi »
- 6 stories readers might have missed while eating Thanksgiving leftovers
- Day before eviction moratorium set to expire, Dems scramble for extension
- President Trump signs bipartisan relief bill after short delay
- Everything that happened in 2020, the wildest year of our lives
- What’s going on with the chaotic small business loan program?
More from pandemicMore posts in pandemic »
More from paycheck protection programMore posts in paycheck protection program »
- Merger of Lower and Thrive would give Veritex 12.5% ownership stake
- Real estate agents received billions in PPP loans during the pandemic
- LA broker sentenced to 10 years for role in pandemic relief scheme
- Agents get an average of $12,500 in forgivable PPP loans: MooveGuru
- The Paycheck Protection Program is back. Here’s what you need to know
More from PPPMore posts in PPP »
- Miami Luxury agent Daniela Rendon pleads guilty to PPP fraud
- Ready to saddle up and make the move to Montana? The Real Word
- Real estate agents received billions in PPP loans during the pandemic
- Agents get an average of $12,500 in forgivable PPP loans: MooveGuru
- The biggest leadership lesson I learned in 2020: Let go
More from real estateMore posts in real estate »
- Keller Williams expands overseas once again
- October brought the strongest buyer’s market in 12 years: Redfin
- 41 years, 8 lessons, 1 truth about real estate that never changes
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- Inman is celebrating 30 years of community, and you’re invited
More from SBAMore posts in SBA »
- Stop asking AI for tax advice (and start using it for this instead)
- Fire country: A growing threat to homes, lives, real estate careers
- Scores of real estate companies took home large PPP loans
- Small business loan program ends with billions unspent
- Some landlords got aid money. Many others were excluded
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from tribusMore posts in tribus »
- Where else is Zillow not enforcing its private listing ban?
- Solid Earth deal arms 60,000 Miami Realtors with Ezement identity tool
- ‘Business as usual’: Hiccups but few calamities as NAR rules roll out
- Tribus to help clients reach new destinations with coaching program
- Tribus hires former RE/MAX SVP as director of change management
More from Trump administrationMore posts in Trump administration »
- How politics and policy are fueling the housing crisis in 2025
- DOJ opens criminal investigation into Fed Governor Lisa Cook
- Agents aren’t as spooked by tariffs — but clients are in the crosshairs
- Homebuilders cry ‘uncle’ as duties on Canadian lumber hit 27%
- Waning buyer activity pushes home price growth to 2-year low
More from U.S. Small Business AdministrationMore posts in U.S. Small Business Administration »
- Senate approves $310B in new funding for small business loan program
- Lender launches small business loan portal for contractors
- Real estate scores $10.7B as small business loan program runs out of gas
- Real estate firms nab $8B in small business stimulus loans
- What’s going on with the chaotic small business loan program?
Be First to Comment