The SBA released its Paycheck Protection Program (PPP) Loan Forgiveness Application and clarified a few critical definitions and documentation requirements in their instructions.

The U.S. Small Business Administration (SBA) has issued a revised Paycheck Protection Program (PPP) loan forgiveness application that is designed to be easier for applicants to use In addition to ...

The Small Business Administration (SBA) has released a simple one-page forgiveness application for Paycheck Protection Program (PPP) borrowers who obtained loans of $50,000 or less.

June 16, 2023 Paycheck Protection Program – SBA Clarifies PPP Guidance Andrew Bettwy, Jeffrey Horwitz, Yuval Tal Proskauer Rose LLP + Follow Contact ...

Many small businesses continue to face uncertainty over whether the Small Business Administration (SBA) will grant forgiveness of their Paycheck Protection Program (PPP) loans. Despite the vast ...

Many small-business owners are completing their Paycheck Protection Program (PPP) loan applications and are running into common questions and roadblocks. The immediate question right now revolves ...

Citing a congressional report, SBA says it will investigate PPP operations at several fintechs, community banks and other participants. The review raises questions about plans to open up the agency's ...

The loans collectively do not represent a huge percentage of the 11.5 million PPP loans the SBA issued across several rounds of the program during the height of the pandemic.

Guzman said the SBA is examining the practices of eight PPP lenders who hired fintech companies to screen loan applications to combat fraud. privacy policy ...

The process deserves a 1 out of 10. Every institution's applications are unique from one another. The SBA has unnecessarily commingled the EIDL and PPP programs.

Then, on or about Dec. 8, 2021, SBA emailed Mid Penn to notify it that it had denied Prince Preferred's application for PPP loan forgiveness due to a previous default on an SBA loan within the ...