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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 ...
Last year, we published an article titled “What to Do if Your PPP Forgiveness Application Is Denied.” Today, we share some insights into the Paycheck Protection Program (PPP) and appeals process based ...
Will your bank sign on to the Small Business Administration’s Paycheck Protection Program forgiveness portal? If you’re one of the millions of business owners who’ve yet to apply for loan forgiveness, ...
On a phone call with lenders on Tuesday, the SBA offered new remedies for handling such rejections, which have triggered holds on borrowers’ second-draw PPP loan applications and thus delayed vital ...
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 ...
The U.S. Small Business Administration (SBA) published new guidance Wednesday designed to simplify and speed up the forgiveness process for businesses and not-for-profits with Paycheck Protection ...
The SBA's inspector general has received tens of thousands of calls on its PPP fraud hotline. Here's how the agency is fighting it. The Small Business Administration’s Paycheck Protection Program also ...
WASHINGTON, DC - JULY 17: Jovita Carranza, administrator of the U.S. Small Business Administration (SBA), speaks during a House Small Business Committee hearing on July 17, 2020 in Washington, D.C.
The U.S. Small Business Administration (SBA) and Treasury issued guidance Wednesday night for the reconstituted Paycheck Protection Program (PPP). The guidance included two interim final rules (IFRs).
Bankrupt Vermont hospital not entitled to pandemic relief, court finds Grants, not loans, protected under bankruptcy law (Reuters) - The Small Business Administration was within its rights to deny ...
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