When submitting a PPP application for a First Draw PPP Loan or a Second Draw PPP Loan, all borrowers were required to certify in good faith that “[c]urrent economic uncertainty makes this loan request ...
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 ...
Update: The Small Business Administration finalized rules on April 12, 2023 lifting the cap on Small Business Lending Companies and removing its loan authorization requirement, among other changes.
A group of Republicans led by Sen. Rand Paul, R-Ky., sent a letter to Small Businesses Administrator Isabel Guzman demanding to know why the agency has continued to provide Paycheck Protection Program ...
A government watchdog said the Small Business Administration (SBA) handed out $684 million worth of Paycheck Protection Program (PPP) loans during the COVID-19 pandemic to scores of nonprofit ...
The Small Business Administration said Tuesday that it is no longer accepting applications for the paycheck protection program, which offered forgivable loans to small businesses hard hit by the ...
Update: The SBA has announced that it will start accepting applications for the Shuttered Venue Operators Grant (SVOG) on Thursday, April 8, 2021. Additionally, the American Rescue Plan Act of 2021 ...
On Dec. 27, 2020, President Donald Trump signed into law a $908 billion relief package. The legislation includes a favorable update to the Paycheck Protection Program (PPP) for farmers and ranchers ...
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