Applying for small business loans has been tough. But not for these people [MSN Money]
Paychex, Inc. (PAYX)
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Source: MSN Money
The Paycheck Protection Program, which offers up to $9 billion in forgivable loans to small-busins owners, oped April with delays and frustration.Some people breezed through the procs more easily than others, in many cas because they had banking reprtativ helping them with the application.© Provided by CNBCA forgivable loan program meant to help ailing small busins has met with much criticismamid delays, confusion and frustrationBut some small-busins owners have succsfully applied for the loans, made through the new Paycheck Protection Program, with hardly a hiccup.The trepreurs appear to have something in common: relationships with reprtativ inside their bank who helped guide them through the procs.Lawrce Sprung, a certified financial planner and financial advisor, was one such owner.Sprung, the pridt of Mitlin Financial, based in Hauppauge, New York, applied for a $50,000 loan on April , the day banks began taking applications.Others wer't as fortunate. Many were locked out due to
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News
- Paychex Q2 Expected In-Line as H2 Acceleration Looms, RBC Says [Yahoo! Finance]Yahoo! Finance
- Paychex (NASDAQ:PAYX) had its price target lowered by analysts at Royal Bank Of Canada from $150.00 to $125.00. They now have a "sector perform" rating on the stock.MarketBeat
- Paychex Schedules Second Quarter Fiscal 2026 Earnings Conference Call on December 19, 2025Business Wire
- Main Street's make-or-break upgrade: Why small businesses are racing to modernize their tech [Fortune]Fortune
- U.S. Small Business Employment Sees Modest Uptick in NovemberBusiness Wire
PAYX
Earnings
- 9/30/25 - Beat
PAYX
Sec Filings
- 12/3/25 - Form 4
- 11/13/25 - Form SCHEDULE
- 11/12/25 - Form 4
- PAYX's page on the SEC website