Of the 5.2 million PPP loans made in 2020, about 2.9 million have been forgiven, according to the SBA. But, for some borrowers, experts say the road could drag out for years. Fallout from the Small ...
Update: This article was updated on July 27 at 8:34 p.m. eastern to include the SBA’s latest timeline for publishing details on its new forgiveness portal. The Small Business Administration is ...
Measures implemented by the U.S. Small Business Administration (SBA) to screen for potential fraud in Paycheck Protection Program (PPP) applications continue to cause stress and delays in the system, ...
The U.S. Small Business Administration (SBA) announced changes Wednesday designed to reduce delays in the Paycheck Protection Program (PPP) approval process. Millions of small businesses have applied ...
The federal government will forgive Paycheck Protection Program loans directly starting next month, though some borrowers may not be eligible because their lender hasn’t agreed to the new online ...
This article first appeared on the Business Journals’ website. The Small Business Administration has told the Associated General Contractors of America that it intends to withdraw the use of a ...
The Paycheck Protection Program provided a lifeline for the small businesses that were able to get a loan and insulate themselves at least somewhat from the COVID-19 pandemic’s economic fallout. The ...
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