The latest round of Paycheck Protection Program (PPP) funding opened in January, and now, the Small Business Administration (SBA) is taking steps to prioritize lending to small businesses. To achieve this, the administration will: Establish a 14-day, exclusive PPP loan …
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Paycheck Protection Program to Reopen Jan. 11
Beginning Jan. 11, the Paycheck Protection Program (PPP) will again be open to businesses adversely affected by COVID-19, the Small Business Administration (SBA) has confirmed. The program will be available to new borrowers and certain existing PPP borrowers. The SBA …
Read More »Paycheck Protection Program Extended to Aug. 8
The eligibility period for small businesses to apply to the Paycheck Protection Program (PPP) has been extended until Aug. 8, according to NPR. The program, which extends potentially forgivable loans to businesses negatively affected by COVID-19, was set to expire …
Read More »Resources for Paycheck Protection Program Loan Forgiveness
As a part of the CARES Act, small businesses across the U.S. were able to apply for Paycheck Protection Program (PPP) loans to help stabilize their businesses amid COVID-19. Since the program’s start, more than 4 million loans have been …
Read More »Understanding the Paycheck Protection Program
The Coronavirus Aid, Relief and Economic Security (CARES) Act allocates nearly $350 billion to small businesses that have been adversely affected by the COVID-19 pandemic. One of the most important segments of this legislation is a new loan program from …
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