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 Small Business Administration’s (SBA) public data indicates that more than 98% of the total Paycheck Protection Program (PPP) loan value requested to be forgiven by borrowers has been forgiven by ...
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 ...
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 ...
On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...
The Small Business Administration’s Direct Forgiveness Portal for Paycheck Protection Program loans have been giving businesses a streamlined way to seek forgiveness of PPP loans of $150,000 or less ...
Opinions expressed by Entrepreneur contributors are their own. The Paycheck Protection Program (PPP) — the U.S. government’s lifeline for small businesses during the Covid-19 pandemic — sent out a ...
Paycheck Protection Program (PPP) borrowers that received only partial loan forgiveness from their lenders have a new process for appealing the lender’s decision to the U.S. Small Business ...
Though the Small Business Administration has forgiven about 60% of the nearly $793 billion in Paycheck Protection Program loans approved in 2020 and 2021, the process hasn’t always gone smoothly. The ...
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