Update: This article was updated on July 27 at 8:34 p.m. eastern to include the SBA’s latest timeline for publishing details on its new forgiveness portal. The Small Business Administration is ...
Of the 5.2 million PPP loans made in 2020, about 2.9 million have been forgiven, according to the SBA. But, for some borrowers, experts say the road could drag out for years. Fallout from the Small ...
The Paycheck Protection Program (PPP) — the U.S. government’s lifeline for small businesses during the Covid-19 pandemic — sent out a total of nearly $800 billion to help companies keep staff on their ...
The federal government will forgive Paycheck Protection Program loans directly starting next month, though some borrowers may not be eligible because their lender hasn’t agreed to the new online ...
This article first appeared on the Business Journals’ website. The Small Business Administration has told the Associated General Contractors of America that it intends to withdraw the use of a ...
Scores of small businesses will soon undergo a less difficult loan forgiveness application process after receiving Paycheck Protection Program funds to help them stay open during the COVID-19 pandemic ...
The AICPA called on Congress to extend the application period for the Paycheck Protection Program (PPP) by at least 60 days. The current deadline for PPP applications is March 31, but many ...
The Paycheck Protection Program provided a lifeline for the small businesses that were able to get a loan and insulate themselves at least somewhat from the COVID-19 pandemic’s economic fallout. The ...