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 ...

Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

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 ...

Ever since the federal government codified its landmark CARES Act, authorizing $2 trillion of assistance to companies and individuals during the coronavirus pandemic, small-business owners have been ...

The SBA is seeing more and more lenders submit delinquent PPP loans to be purchased by the agency — but that doesn't mean borrowers are off the hook. The number of Paycheck Protection Program loans ...

Many small-business owners are completing their Paycheck Protection Program (PPP) loan applications and are running into common questions and roadblocks. The immediate question right now revolves ...

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 Small Business Administration (SBA) has released a simple one-page forgiveness application for Paycheck Protection Program (PPP) borrowers who obtained loans of $50,000 or less. The new ...

Mid Penn Bank filed breach of contract lawsuit against Prince Preferred Hotels Natchez's application for a Paycheck Protection Program (PPP) loan after the defendant allegedly failed to disclose that ...

Needless to say, it’s been a roller coaster ride for business owners over the past couple of months understanding how to navigate the CARES Act, but there are now signs the ride may be coming to an ...