The SBA is seeing more and more lenders submit delinquent PPP loans to be purchased by the agency — but that doesn't mean borrowers are off the hook. The number of Paycheck Protection Program loans ...
The US Small Business Administration says it uncovered ‘at least $1 million’ in additional alleged fraud connected to the ...
Many small businesses continue to face uncertainty over whether the Small Business Administration (SBA) will grant forgiveness of their Paycheck Protection Program (PPP) loans. Despite the vast ...
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 ...
The Small Business Administration’s Direct Forgiveness Portal for Paycheck Protection Program loans have been giving businesses a streamlined way to seek forgiveness of PPP loans of $150,000 or less ...
Though the Small Business Administration has forgiven about 60% of the nearly $793 billion in Paycheck Protection Program loans approved in 2020 and 2021, the process hasn’t always gone smoothly. The ...
In response to a congressional report criticizing its handling of fraud in the massive Paycheck Protection Program, the Small Business Administration says it plans to investigate several prominent PPP ...
For business owners who received only partial forgiveness on their Paycheck Protection Program loans, consider this your stay of execution. On January 27, 2022, the Small Business Administration, the ...
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 SBA's inspector general has received tens of thousands of calls on its PPP fraud hotline. Here's how the agency is fighting it. The Small Business Administration’s Paycheck Protection Program also ...
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 ...
Bankrupt Vermont hospital not entitled to pandemic relief, court finds Grants, not loans, protected under bankruptcy law (Reuters) - The Small Business Administration was within its rights to deny ...