In recent days, the Small Business Administration (SBA), in consultation with the Department of the Treasury, has published a number of updates to its Paycheck Protection Program (PPP) loan ...
The Small Business Administration (“SBA”) continues its quest to provide guidance relative to the Paycheck Protection Program (“PPP”) enacted as part of the CARES Act and the Paycheck Protection ...
STATEN ISLAND, N.Y. -- Businesses that took advantage of the U.S. Small Business Administration’s (SBA) Paycheck Protection Program in 2020 must apply for forgiveness soon or they’ll be responsible ...
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
The U.S. Small Business Administration is offering to make it even easier to apply for PPP loan forgiveness–but only for the smallest borrowers. On Thursday, the SBA along with the U.S. Treasury ...
The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...
This week, the U.S. Small Business Association launched a portal designed to speed up loan forgiveness for small business owners who have borrowed $150,000 or less from the Paycheck Protection Program ...
Recipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a simplified application that was released Thursday by Treasury and the U.S. Small ...
On Friday, October 9th, the SBA released the new Form 3508S (you can remember the new Form by the poem shown at the end of this article), together with an interim final rule, which is a very nice ...
Not all banks will be participating in the new PPP forgiveness portal from the SBA. That's one of several new details that have emerged. The Small Business Administration continues to finalize aspects ...
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