PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
The Small Business Administration (SBA) is making it easier for businesses to get their Payroll Protection Plan (PPP) loans forgiven, yet some of the nation’s largest lenders are opting to chart their ...
CINCINNATI — Seven people who were under FBI investigation in Greater Cincinnati had their Paycheck Protection loans forgiven by the U.S. Small Business Administration, the WCPO 9 I-Team has ...
The week closed with some positive news for dealerships that received a Paycheck Protection Program (PPP) loan of $50,000 or less. Late Thursday, the U.S. Small Business Administration, in ...
The U.S. Small Business Administration (SBA) has issued a revised Paycheck Protection Program (PPP) loan forgiveness application that is designed to be easier for applicants to use In addition to ...
As we wrote recently, the Paycheck Protection Program (“PPP”) was critical in helping small businesses stay afloat amidst the COVID-19 pandemic and resultant government restrictions on commerce. By ...
The SBA released its Paycheck Protection Program (PPP) Loan Forgiveness Application and clarified a few critical definitions and documentation requirements in their instructions. The forgiveness ...
The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...
The agency said it's backing off on sending these Covid-era loans to the IRS and the Treasury Department for collections — but only for a limited time. The Small Business Administration is giving some ...
The Small Business Administration announced that it has forgiven 80% of the $791 billion in Paycheck Protection Program loans it began issuing in 2020 to businesses across the country to help them ...
The SBA's Inspector General has highlighted $200 billion in potential fraud as loan defaults rise in Covid-19 relief programs. The agency disagrees. Businesses have defaulted on hundreds of thousands ...
Four of the six defendants have reached plea agreements that call for restitution to the SBA totaling $392,908. No trial date has been set for Lentine, who could not be reached through his attorney.