Usio Secures $814,000 Loan Through the CARES Act Paycheck Protection Program
Usio, Inc. (USIO)
Last usio, inc. earnings: 11/14 04:00 pm
Check Earnings Report
Company Research
Source: GlobeNewswire
SAN ANTONIO, April 20, 2020 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq:USIO), an integrated electronic payment solutions provider, today announced it has received funding under a Paycheck Protection Program Term Note with The Bank of San Antonio (TBSA). This was completed through the Paycheck Protection Program (PPP) as part of the recently enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act), administered by the U.S. Small Business Administration. Under the terms of the Note, Usio has received total proceeds of approximately $814,000 bearing interest at 1% per annum with a maturity date of April 15, 2022. In addition, principal and interest payments will be deferred for the first six months of the loan. The loans are subject to the terms and conditions applicable to loans administered by the U.S. Small Business Administration under the CARES Act. The company will use the proceeds for payroll costs and other permitted expenses. Under the terms of the PPP, the princi
Show less
Read more
Impact Snapshot
Event Time:
USIO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
USIO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
USIO alerts
High impacting Usio, Inc. news events
Weekly update
A roundup of the hottest topics
USIO
News
- Usio's Card Issuing Platform Enables MOBILEMONEY'S Innovative Reverse ATM Kiosks to Issue Hundreds of Thousands of Cards at Cashless Venues and Events [Yahoo! Finance]Yahoo! Finance
- Usio’s Card Issuing Platform Enables MOBILEMONEY’S Innovative Reverse ATM Kiosks to Issue Hundreds of Thousands of Cards at Cashless Venues and EventsBusiness Wire
- Usio to Host First Quarter Fiscal 2024 Conference Call to Discuss Results and Provide Company Update on May 15, 2024 [Yahoo! Finance]Yahoo! Finance
- Usio to Host First Quarter Fiscal 2024 Conference Call to Discuss Results and Provide Company Update on May 15, 2024Business Wire
- Usio, Inc. (NASDAQ:USIO) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
USIO
Earnings
- 3/27/24 - Miss
USIO
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 4/17/24 - Form 8-K
- USIO's page on the SEC website