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… Two Weeks, Paycheck Protection Program Direct Borrower Forgiveness Portal Surpasses Expectations, Accepts More Than … the Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal on August 4, the U.S. Small Business … and underserved small businesses, increasing the rate of forgiveness to PPP borrowers will have an immediate effect in …
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Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
… Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, … Program (PPP) and Economic Injury Disaster Loan (EIDL) funds have been approved for small businesses and … will work with and apply to their lenders for PPP loan forgiveness. More information on PPP forgiveness is available … -
Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
… Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, … Program (PPP) and Economic Injury Disaster Loan (EIDL) funds have been approved for small businesses and … will work with and apply to their lenders for PPP loan forgiveness. More information on PPP forgiveness is available … -
Expansion of SBA Direct Borrower Forgiveness Platform
… Expansion of SBA Direct Borrower Forgiveness Platform Expansion of SBA Direct Borrower Forgiveness Platform to Allow Submission of Borrower Forgiveness Applications for All PPP Loans Regardless of Loan … -
Paycheck Protection Program
… 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. PPP loan forgiveness Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Learn more about PPP loan forgiveness PPP lender … -
SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal
… SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal WASHINGTON – The U.S. Small Business … Other programs include Economic Injury Disaster Loan (EIDL), EIDL Advance, Targeted EIDL Advance, Supplemental EIDL … -
SBA Administrator Announces New Paycheck Protection Program (PPP) Milestone: In Less Than Two Months, One Million Borrowers Apply for Direct Forgiveness through Agency’s PPP Portal
… Than Two Months, One Million Borrowers Apply for Direct Forgiveness through Agency’s PPP Portal WASHINGTON – The … as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for … -
SBA Emergency EIDL Grants to Sole Proprietors and Independent Contractors
… SBA Emergency EIDL Grants to Sole Proprietors and Independent Contractors This inspection report examined Emergency EIDL grants to sole proprietors and independent contractors. … 22-01 The Office of Inspector General examined Emergency EIDL grants to sole proprietors and independent contractors … -
SBA Announces Updated Guidance Regarding Deadline for Targeted EIDL Advance Program Reevaluations
… Announces Updated Guidance Regarding Deadline for Targeted EIDL Advance Program Reevaluations WASHINGTON - Today, the … businesses that have already applied for the Targeted EIDL Advance program , received a decline, and are interested … updated guidance is being provided: Current Targeted EIDL Advance applicants: Those interested in being considered … -
Small Business Administration Announces Further Action to Help PPP and COVID EIDL Borrowers
… Announces Further Action to Help PPP and COVID EIDL Borrowers WASHINGTON – The U.S. Small Business … expanded flexibility and accommodations for COVID EIDL and PPP borrowers to help bring them into compliance and … to ensure that PPP borrowers know how to apply for forgiveness and COVID EIDL borrowers are aware of all … -
SBA’s Collection Efforts on Delinquent COVID-19 EIDLs
… Disease 2019 (COVID-19) Economic Injury Disaster Loans (EIDL) with collateral and personal guarantors. Report 25-23 … Disease 2019 (COVID-19) Economic Injury Disaster Loans (EIDL) with collateral and personal guarantors. We found that … COVID-19 EIDLs; verify that all delinquent COVID-19 EIDL obligors are reported to credit bureaus in a timely … -
Follow-up Inspection of SBA’s Internal Controls to Prevent COVID-19 EIDLs to Ineligible Applicants
… the SBA’s enhanced internal controls to prevent COVID-19 EIDL to ineligible applicants. Report 22-22 This report … Disease 2019 (COVID-19) Economic Injury Disaster Loans (EIDL) to ineligible applicants. The Coronavirus Aid, Relief, … the tax return prohibition, SBA made 133,832 COVID-19 EIDL disbursements, totaling about $8.5 billion without … -
SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less
… SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less WASHINGTON — The … the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) … loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative … -
COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape Recommendations Update
… COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape Recommendations Update This … of Inspector General Report 23-09, COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape. Report 25-10 This report … of Inspector General (OIG) Report 23-09, COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape . Over the course of the … -
FAQ Regarding Participation of Faith-Based Organizations in PPP and EIDL
… Participation of Faith-Based Organizations in PPP and EIDL FAQ for Faith-Based Organizations Participating in the PPP and EIDL loan programs Support Notice: The Paycheck Protection … 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. As of January 1, 2022, we are not able to accept … -
Approved Disaster Assistance Loans Matching COVID‐19 EIDLs and PPP Loans with Fraud Hold Codes
… approved disaster loan applications with related COVID-19 EIDL or PPP loans with fraud hold codes. Report 25-03 The … Disease 2019 (COVID-19) Economic Injury Disaster Loans (EIDL) or Paycheck Protection Program (PPP) loans with fraud … verify the 187 loans that matched to a related COVID-19 EIDL or PPP loan with a fraud hold code for legitimacy and … -
PPP Borrower Resubmissions of Loan Forgiveness Applications Using Form 3508S, Lender Notice Responsibilities to PPP Borrowers, and Offset of Remittances to Lender for Lender Debts
… PPP Borrower Resubmissions of Loan Forgiveness Applications Using Form 3508S, Lender Notice … Lender for Lender Debts PPP Borrower Resubmissions of Loan Forgiveness Applications Using Form 3508S, Lender Notice … 2021 Related programs: PPP SBA form 3508S PPP 3508S Loan Forgiveness Application + Instructions Remove download button … -
EIDL Assists Inn During Pandemic
… EIDL Assists Inn During Pandemic By Danny Monahan Small … small businesses have received more than $436 million in EIDL funding. One of the first small businesses in the state to receive an EIDL was The Four Chimneys Inn located in Bennington, Vt. “My … -
PPP Loan Forgiveness Application + Instructions
… PPP Loan Forgiveness Application + Instructions PPP Loan Forgiveness Calculation Form SBA form 3508 OMB Number … 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. Office of Capital Access Version 10 | Effective: … -
FAQ Regarding Targeted EIDL Advance
… FAQ Regarding Targeted EIDL Advance FAQ about the COVID-19 Targeted EIDL Advance Support Notice: As of January 1, 2022, we are not able to accept applications for new COVID EIDL loans or advances. Office of Disaster Recovery & …