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 ...
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 ...
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Gov't, ruling party unveil 11.6 tln-won support package to stabilize prices, assist vulnerable householdsSEOUL, Dec. 27 (Yonhap) -- The government and the ruling People Power Party (PPP) agreed Friday to provide 11.6 trillion won (US$7.86 billion) next year to stabilize consumer prices and ease the ...
It expands the eligible uses of PPP funds, simplifies the forgiveness process for loans of up to $150,000 and allocates $285 billion for a new round of PPP lending, including "second-draw" loans ...
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 ...
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 ...
As of 2025, loan forgiveness is only available for the SBA’s Paycheck Protection Program (PPP) loans. Other SBA loans, including Economic Injury Disaster Loans (EIDL) and 7(a) loans, do not qualify ...
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Trinity Biotech faces US aid policy impact, PPP loan scrutinyTrinity Biotech plc (NASDAQ:TRIB), an Ireland-based diagnostic company with a market capitalization of $23.7 million and current trading price of ... Program (PPP) loans received by its U.S ...
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