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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 ...
Investopedia

Paycheck Protection Program (PPP) Loan Forgiveness: Eligibility, Requirements & Application Process

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 ...
NPR

How the Paycheck Protection Program went from good intentions to a huge free-for-all

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, ...
Staten Island Advance

$800 billion PPP in its final phase: What to do if your small business was denied forgiveness

STATEN ISLAND, N.Y. -- During the height of the coronavirus (COVID-19) pandemic, the U.S. Small Business Administration (SBA) administered an $800 billion Paycheck Protection Program (PPP) aimed at ...
JournalofAccountancy

SBA details process to appeal partial PPP loan forgiveness decisions

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 ...
JD Supra

What to Do if Your PPP Forgiveness Application Is Denied

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 ...
SFGate

SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements

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 ...
Miami Herald

PPP loans were made to be forgiven. In heavily Black areas like South Florida, many aren’t

For Louine Raymonvil, the $105,000 Paycheck Protection Program loan his North Miami Beach security business received in June 2020 was a godsend. “The help was there for me to help with employees, so ...
Miami Herald

Rubio seeks answers from SBA on PPP forgiveness after Herald series on unforgiven loans

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, ...
JD Supra

Overturning of Chevron Boosts Challenges to SBA PPP Loan Forgiveness Denials

The U.S. Supreme Court’s recent overturning of the Chevron Deference Doctrine calls into question several Chevron-based federal court rulings allowing the Small Business Administration (SBA) to ...
Nasdaq

Two Years Later, Was The PPP Worth It?

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 ...