With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...
Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP ...
The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...
The Small Business Administration approved more than $718 billion in Paycheck Protection Program loans, providing pandemic relief to millions of businesses throughout the US, according to a March ...
SBA loans issued during the 2020-2021 covid era went to businesses where the owner was recorded as being older than 115 years ...
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Rumors of a PPP Loan Arrest Warrant List Circulate on Social Media — Find out if It's RealIf you or someone you know was a recipient of a Paycheck Protection Program (PPP loan) in 2020, the KRS-ONE lyrics “woop, ...
Under the PPP, small businesses could borrow up $10 million from private lenders without collateral, personal guarantees, or fees. These loans don't have to be repaid to the extent they're used to ...
Editor's note: Congress on Dec. 21 passed the Consolidated Appropriations Act, 2021, which includes language that clarifies the tax treatment of forgiven PPP loans allowing for small businesses to ...
When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...
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