On June 13, the SBA added question #72 to its Paycheck Protection Program (PPP) Frequently Asked Questions clarifying whether “the amounts paid by a borrower to a third-party payer for the third-party ...
On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...
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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 ...
Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...
Small business owners who utilized the Paycheck Protection Program (PPP) can apply for loan forgiveness on eligible expenditures. PPP forgiveness requires applying through the Small Business ...
As the chief of staff at the U.S. Small Business Administration, William Manger oversaw the agency’s implementation of the $800 billion Paycheck Protection Program. The signature small business ...
For business owners who received only partial forgiveness on their Paycheck Protection Program loans, consider this your stay of execution. On January 27, 2022, the Small Business Administration, the ...
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