As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...
Explore the PPP Small Business Loans Program, its benefits, eligibility rules, and how it supported small businesses during ...
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.
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 ...
An SBA rule has saddled hundreds of thousands of business owners with unforgivable PPP loan balances due to good faith errors. Here's what business owners need to know. Hundreds of thousands of ...
Add Yahoo as a preferred source to see more of our stories on Google. Ron Sachs - CNP/Newscom The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy ...
The Paycheck Protection Program (PPP) was created at the height of the COVID-19 pandemic to provide financial aid for small ...
One of the principal benefits of the Paycheck Protection Program (“PPP”) is that the principal and interest from any loan forgiven is not includable in a taxpayer’s gross income. In what has developed ...