The Small Business Administration announced that it has forgiven 80% of the $791 billion in Paycheck Protection Program loans it began issuing in 2020 to businesses across the country to help them ...
SBA debt forgiveness may be taxable: If a lender forgives part of your debt, you may receive a 1099 form for that amount. The ...
Explore the current interest rates for SBA-backed financing.
The CARES Act has given funding and authority to the Small Business Administration (SBA) to help small business through three new programs: Paycheck Protection Loans, Economic Injury Disaster Loans, ...