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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 ...
Update: This article was updated on July 27 at 8:34 p.m. eastern to include the SBA’s latest timeline for publishing details on its new forgiveness portal. The Small Business Administration is ...
Last year, we published an article titled “What to Do if Your PPP Forgiveness Application Is Denied.” Today, we share some insights into the Paycheck Protection Program (PPP) and appeals process based ...
Of the 5.2 million PPP loans made in 2020, about 2.9 million have been forgiven, according to the SBA. But, for some borrowers, experts say the road could drag out for years. Fallout from the Small ...
The U.S. Small Business Administration (SBA) published new guidance Wednesday designed to simplify and speed up the forgiveness process for businesses and not-for-profits with Paycheck Protection ...
In 2022, there will inevitably be an uptick in the number of appeals of Small Business Administration (SBA) loan decisions in the Paycheck Protection Program (PPP) context. This is due simply to the ...
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 ...
The federal government will forgive Paycheck Protection Program loans directly starting next month, though some borrowers may not be eligible because their lender hasn’t agreed to the new online ...
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