The U.S. SBA offers many loan programs to help small businesses. Learn the basics about PPP, EIDL and 7(a) loans and which of these include loan forgiveness.
Do you need to repay your PPP loan? Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology ...
When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
The SBA released its Paycheck Protection Program (PPP) Loan Forgiveness Application and clarified a few critical definitions and documentation requirements in their instructions. The forgiveness ...
After COVID-19 shutdowns put Miami hairdresser Vicki LeMaster out of work, a friend recommended that she apply for a Paycheck Protection Program loan through the online lender Kabbage. “I didn’t want ...
Following a series of stories by the Miami Herald addressing the backlog of unforgiven Paycheck Protection Program loans and the disproportionate impact of this backlog on minority communities, ...
CHICAGO (WLS) -- New guidance from the federal government on Payroll Protection Program loans is leaving some small business owners with even more questions. PPP loans can be forgiven if all the rules ...
Thousands of businesses secured Paycheck Protection Program loans during the Covid-19 crisis. Experts say borrowers who received SBA PPP loans need to be proactive about securing PPP forgiveness. The ...
In addition to the public health threat posed by Covid-19, many small business owners were faced with a difficult decision during the pandemic: reduce staff, take on debt or close their doors for good ...
The Small Business Administration’s (SBA) public data indicates that more than 98% of the total Paycheck Protection Program (PPP) loan value requested to be forgiven by borrowers has been forgiven by ...