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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 ...
Investopedia

Paycheck Protection Program (PPP) Loan Forgiveness: Eligibility, Requirements & Application Process

Do you need to repay your PPP loan? Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology ...
JD Supra

What to Do if Your PPP Forgiveness Application Is Denied

The Small Business Administration’s (SBA) public data indicates that more than 98% of the total Paycheck Protection Program (PPP) loan value requested to be forgiven by borrowers has been forgiven by ...
NPR

How the Paycheck Protection Program went from good intentions to a huge free-for-all

When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
SFGate

SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements

The SBA released its Paycheck Protection Program (PPP) Loan Forgiveness Application and clarified a few critical definitions and documentation requirements in their instructions. The forgiveness ...
JournalofAccountancy

SBA details process to appeal partial PPP loan forgiveness decisions

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 ...
Miami Herald

Unforgiven: Two years later, small businesses still waiting for promised PPP loan forgiveness

After COVID-19 shutdowns put Miami hairdresser Vicki LeMaster out of work, a friend recommended that she apply for a Paycheck Protection Program loan through the online lender Kabbage. “I didn’t want ...
Miami Herald

PPP loans were made to be forgiven. In heavily Black areas like South Florida, many aren’t

For Louine Raymonvil, the $105,000 Paycheck Protection Program loan his North Miami Beach security business received in June 2020 was a godsend. “The help was there for me to help with employees, so ...
Nasdaq

Two Years Later, Was The PPP Worth It?

In addition to the public health threat posed by Covid-19, many small business owners were faced with a difficult decision during the pandemic: reduce staff, take on debt or close their doors for good ...
JD Supra

Overturning of Chevron Boosts Challenges to SBA PPP Loan Forgiveness Denials

The U.S. Supreme Court’s recent overturning of the Chevron Deference Doctrine calls into question several Chevron-based federal court rulings allowing the Small Business Administration (SBA) to ...
The Business Journals

Some PPP borrowers denied forgiveness because of 'good faith errors'

Hundreds of thousands of small-business owners have been denied full Paycheck Protection Program loan forgiveness because of a Small Business Administration rule — and a coalition of groups are asking ...