The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that were ...
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
But the program, which tasked banks and other private lenders with processing applications, was beset by fraud from its earliest days in the spring of 2020, with some recent estimates suggesting that ...
The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...
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 ...
If you applied for a PPP loan–particularly early on in the program’s history–you probably know that having a sturdy banking relationship proved vital for landing a forgivable loan. While the program ...
The Small Business Administration has officially shut off the Paycheck Protection Program spigot. With approximately three weeks left before the PPP is scheduled to sunset, the agency in charge of ...
The Paycheck Protection Program (PPP) was designed to help small businesses keep their doors open and employees paid during the height of the pandemic, and it was likely a huge factor in helping our ...