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 ...
Businesses that received Paycheck Protection Program (PPP) loans of $150,000 or less through participating lenders can apply for loan forgiveness online through the U.S. Small Business Administration.
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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 Biden administration just made it easier for very small businesses and self-employed workers to get more money in less time. Paycheck Protection Program loan portal opens to larger lenders soon: ...
Several bills that would benefit restaurants gained ground in Washington, D.C. this week. The Senate was reportedly close to approving long-sought changes to the Paycheck Protection Program, or PPP, ...
Third-round PPP funding was offered to help employees and keep businesses afloat Reviewed by Doretha Clemon Fact checked by Michael Rosenston The Consolidated Appropriations Act of 2021 (CAA) was ...
A Michigan business has paid over $1.4 million to settle allegations with the federal government that it falsely claimed eligibility for loan forgiveness under the Paycheck Protection Act. The case ...
Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...
Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...
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