On Friday, October 9th, the SBA released the new Form 3508S (you can remember the new Form by the poem shown at the end of this article), together with an interim final rule, which is a very nice ...

On Friday, October 9, 2020, the Small Business Administration (“SBA”) released guidelines for a simpler loan forgiveness process for Borrowers with Paycheck Protection Program loans of $50,000 or less ...

The Forgiveness IFR consolidates, restates and clarifies prior SBA regulations governing loan forgiveness, while also updating those rules to incorporate changes effected by the Economic Aid Act. The ...

The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...

The U.S. Small Business Administration is offering to make it even easier to apply for PPP loan forgiveness–but only for the smallest borrowers. On Thursday, the SBA along with the U.S. Treasury ...

U.S. lenders issued more than five million forgivable loans through the federal government’s coronavirus aid initiative for small businesses, the Paycheck Protection Program. The Small Business ...

The Paycheck Protection Program (PPP) was a huge component of the CARES stimulus package aimed at helping smaller businesses and non-profits stay afloat in the beginning of the pandemic. The program ...

The US Small Business Administration (SBA) and Treasury on Tuesday published updated Paycheck Protection Program (PPP) loan forgiveness guidance and forms, including a one-page application for ...

Financial advisers can help their small business owner clients understand updates to the Paycheck Protection Program loan conditions. The CARES Act included several provisions to help individuals and ...

Under the Coronavirus Aid, Relief and Economic Security (CARES) Act, the Small Business Administration (SBA) let businesses apply for loans under the Paycheck Protection Program (PPP). Through ...

Recipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a simplified application that was released Thursday by Treasury and the U.S. Small ...

The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...