The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
Businesses and not-for-profits that received $2 million or more in Paycheck Protection Program (PPP) loans must complete one of two new loan necessity questionnaires being sent to lenders by the U.S.
Borrowers applying for loan forgiveness under the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) should familiarize themselves with the SBA guidance regarding the loan ...
One day after the Associated General Contractors of America sued the U.S. Small Business Administration and Office of Management and Budget to prompt a language change in the questionnaire used to ...
On October 31, 2020, the SBA released new forms and related instructions requiring borrowers with PPP loans of $2 million or more to provide additional information related to their PPP loans. Titled ...
The Small Business Administration is seeking approval to send new Paycheck Protection Program loan questionnaires to businesses that received more than $2 million, causing some experts to worry it may ...
The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...
A new potential Paycheck Protection Program forgiveness form from the Small Business Administration has caused concern among experts over whether the agency will unfairly reject that forgiveness for ...
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