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 ...
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 ...
Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.
President Joe Biden has signed into law legislation extending the Paycheck Protection Program application period for another two months. The bipartisan PPP Extension Act will extend the PPP ...
Significant direct oversight of the federal Paycheck Protection Program, which provided more than $800 billion in forgivable loans to U.S. business during the pandemic, was placed in the hands of the ...
As a key pandemic-aid program pushed money out faster to bigger companies and majority white areas than to small firms and communities of color, the U.S. Small Business Administration made repeated ...
WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...
An independent watchdog has singled out more Cook County employees who fraudulently applied for pandemic relief, recommending firings in each case for violation of county rules around conduct and ...
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