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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
Taxpayers whose Paycheck Protection Program (PPP) loans are forgiven under the program but who are ineligible for that forgiveness may not exclude the forgiven loan amount from gross income for ...
On March 27, 2020, the CARES Act was signed into law to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic, including in the form of ...
The Paycheck Protection Program (“PPP”) emerged as a lifeline for small businesses grappling with the unprecedented challenges of the COVID-19 pandemic. Lenders navigated a landscape of regulations ...
"We just want what everyone else has gotten," said co-counsel for the hotel groups in the multidistrict litigation. Frustrated by the lack of resolution and the ongoing impact on their operations, six ...
A day after President Joe Biden's student debt relief plan was widely panned by Republicans, the White House Twitter account fired back, tweeting about GOP lawmakers who had Paycheck Protection Plan ...
Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.
There's that saying about roads and good intentions, and the Paycheck Protection Program is perhaps one of the best examples of this. In the early days of the country's grappling with COVID-19, ...
A government watchdog said the Small Business Administration (SBA) handed out $684 million worth of Paycheck Protection Program (PPP) loans during the COVID-19 pandemic to scores of nonprofit ...
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