If you are a small business looking for financing, you’ve likely heard of SBA loans. These are loans backed by the Small Business Administration (SBA) and administered through local lenders. The most ...
SBA loans are small business loans partially guaranteed by the government. These loans often have more favorable rates and longer repayment terms than other business financing options and are offered ...
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 ...
As we reported in our previous alert, President Trump signed the Paycheck Protection Program Flexibility Act (“Flexibility Act”) into law. The bill makes numerous changes to the Paycheck Protection ...
The withdrawal of the form could dramatically speed up the forgiveness process for larger loans. The Small Business Administration has officially withdrawn the use of a controversial Paycheck ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. At issue are a host of questions that the SBA is now asking ...
The SBA just issued much-awaited guidance, allowing borrowers to claim forgiveness of their Paycheck Protection Program (“PPP”) loans. The new guidance implements the single most enticing aspect of ...
Applying for Paycheck Protection Program loan forgiveness is about to get easier for bigger borrowers. After months of requiring financial documentation proving need from borrowers with PPP loans of ...
Opinions expressed by Entrepreneur contributors are their own. Needless to say, it’s been a roller coaster ride for business owners over the past couple of months understanding how to navigate the ...
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.
The U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury, released an application form Friday for Paycheck Protection Program (PPP) loan forgiveness along with ...