When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
Do you need to repay your PPP loan? Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
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 ...
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 ...
After COVID-19 shutdowns put Miami hairdresser Vicki LeMaster out of work, a friend recommended that she apply for a Paycheck Protection Program loan through the online lender Kabbage. “I didn’t want ...
RCP's Phil Wegmann asked Deputy Director of the National Economic Council Bharat Ramamurti at Friday's White House briefing about the president's recent comment that the Supreme Court is "not normal" ...
In addition to the public health threat posed by Covid-19, many small business owners were faced with a difficult decision during the pandemic: reduce staff, take on debt or close their doors for good ...
Following a series of stories by the Miami Herald addressing the backlog of unforgiven Paycheck Protection Program loans and the disproportionate impact of this backlog on minority communities, ...
An SBA rule has saddled hundreds of thousands of business owners with unforgivable PPP loan balances due to good faith errors. Here's what business owners need to know. Hundreds of thousands of ...
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 ...
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