New FAQs address PPP loan forgiveness issues

Frequently Asked Questions (FAQs) on PPP Loan Forgiveness https://www.sba.gov/sites/default/files/2020-08/PPP%20Loan%20Forgiveness%20FAQs%208-4-20.pdf   By Jeff Drew | August 4, 2020 The U.S. Small Business Administration (SBA), in consultation with Treasury, released guidance Tuesday answering 23 frequently asked questions regarding the forgiveness of Paycheck Protection Program loans. Congress created the PPP as part of the $2 trillion Coronavirus Aid, […]

Read More

Corona Virus Update: Federal Disaster Loan Program

The Small Business Administration is reopening its Economic Injury Disaster Loan and EIDL advance grant portal to a broader array of eligible small businesses and nonprofits affected by the coronavirus pandemic, beginning Monday. The portal had been accepting applications only from agricultural businesses for the last month, as demand was high, and those businesses had not […]

Read More