In late October, the Small Business Administration (“SBA”) released two new Paycheck Protection Program (“PPP”) Loan Necessity Questionnaires (Form 3509 for for-profit businesses and Form 3510 for ...

The SBA has launched the Paycheck Protection Program, a new federal loan assistance program intended to deliver immediate financial relief to small businesses impacted by the coronavirus pandemic.

On the morning of April 3, 2020, we logged onto social media to find that things were going less than smoothly on the first day Paycheck Protection Program applications opened. With much of the ...

The U.S. Small Business Administration (SBA) published new guidance Wednesday designed to simplify and speed up the forgiveness process for businesses and not-for-profits with Paycheck Protection ...

Of the 5.2 million PPP loans made in 2020, about 2.9 million have been forgiven, according to the SBA. But, for some borrowers, experts say the road could drag out for years. Fallout from the Small ...

Following several months of delays, the federal government has started to forgive some of the nearly 65,000 stimulus loans issued to Connecticut employers this past spring and summer to help them stay ...

On October 2, 2020, the SBA provided notice to PPP lenders regarding the process by which PPP borrowers may undertake a “change of ownership” while a loan is outstanding. Previously there was little ...

BOSTON, MA - OCTOBER 1: SBA administrator Jovita Carranza, left, meets with Jamaica Mi Hungry restaurant owner Ernie Campbell during a tour in Boston to meet with PPP participants in Boston on Oct. 1, ...

This article first appeared on the Business Journals’ website. The Small Business Administration has told the Associated General Contractors of America that it intends to withdraw the use of a ...

Fallout from the Small Business Administration’s Paycheck Protection Program loan could last for years as the agency works through billions of dollars in forgiveness applications and inevitable ...