Majority of Paycheck Protection Program loans have been …
WEBJan 9, 2023 · Called PPP for short, the program offered simple-to-get, potentially forgivable government loans to small businesses. Yet billions of dollars went to companies owned by wealthy celebrities,...
Government has forgiven nearly $400 billion in Covid-relief PPP …
WEBJul 21, 2021 · WASHINGTON — The federal government has forgiven $394.6 billion in more than 4 million loans to businesses through the Paycheck Protection Program (PPP), according to new data published by a...
Small Business Administration Announces Further Action to Help PPP …
WEBJan 5, 2024 · WASHINGTON – The U.S. Small Business Administration (SBA) has announced expanded flexibility and accommodations for COVID EIDL and PPP borrowers to help bring them into compliance and avoid the repercussions of defaulting on a government loan.
Most PPP loans have been forgiven, despite signs of possible fraud - NPR
WEBOct 12, 2022 · As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program...
SBA Announces Opening of Paycheck Protection Program Direct …
WEBJul 28, 2021 · WASHINGTON – The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
Why did some companies repay PPP loans that could have been …
WEBJan 10, 2024 · Some small businesses that received loans from the government's Paycheck Protection Program during the COVID pandemic were eligible for loan forgiveness, but they decided to repay the money anyway.
SBA and Treasury Announce Simpler PPP Forgiveness for Loans …
WEBOct 9, 2020 · WASHINGTON – The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.
SBA Administrator Announces New Paycheck Protection Program (PPP …
WEBSep 24, 2021 · WASHINGTON – The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less.
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
WEBJan 8, 2021 · WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 …
New portal will allow small businesses to apply directly for PPP …
WEBJul 28, 2021 · The Small Business Administration announced Wednesday that it's launching a new portal for small businesses to apply directly for Paycheck Protection Program loan forgiveness through the agency....
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