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SBA and Treasury Announce New and Revised Guidance Regarding the Paycheck Protection Program
… and revised guidance for the Paycheck Protection Program (PPP). This guidance implements the Paycheck Protection … convictions. To implement the PPPFA, SBA revised its first PPP interim final rule, which was posted on April 2, 2020. … The period remains 5 years for felonies involving fraud, bribery, embezzlement, or a false statement in a loan … -
COVID-19 Economic Injury Disaster Loan Applications Submitted from Foreign IP Addresses
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Nine2Five Overcomes Economic Obstacles with SBA Assistance to Win Franchisee of the Year 2022
… Shortland heard about the Paycheck Protection Program (PPP) and the Targeted Economic Injury Disaster Loan (EIDL) Advance. He applied for PPP at his local bank St. Johns Bank Trust and Company in St. Louis. It took three-weeks for his $86,000 PPP application to be approved and funded. His business was … -
Lincoln Business Owner Uses Paycheck Protection Program Loan to Provide for his Employee Family
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Coed Sportswear Pivot to New Opportunities with the Help of the NH SBA
… on the SBA’s new program, the Paycheck Protection Program (PPP) that was created with the passing of the Cares Act. Phil … their proceeds as well as helping them understand the PPP program and how it could help navigate the challenges created by the pandemic. When the PPP program re-opened under the changes implemented by the … -
Supporting Entrepreneurs & Workers with Disabilities
… the pandemic, we launched the Paycheck Protection Program (PPP), and it has been one of the most successful disaster … response efforts in history. Alex received a forgivable PPP loan to help keep her school open and her 75 staff on payroll. “If we didn’t get the PPP and I had to lay off or furlough my staff or not provide … -
Small Businesses Are Driving the Trump Recovery
… in American history – the Paycheck Protection Program (PPP). In just over four months, the program approved more … with capital. As a result, nearly 70 percent of all PPP loans went to small businesses with fewer than 10 … the average minority-owned firm has eight employees. PPP loans helped keep more than five million small businesses … -
International Construction Expert Puts Down Entrepreneurial Roots in Omaha, Nebraska
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SBA Elevates Women-Owned Small Businesses
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Vulnerability disclosure policy
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Small Business Administration Announces Agency-Wide Reorganization
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With SBA COVID Relief Programs, Restauranteur and Caterer is Able to Stay in Business and Grow
… out four SBA-administered Paycheck Protection Program (PPP) loans for his Euclid, Shaker Heights and Garfield Heights stores. “The PPP was a great thing, and I was able to pay employees and pay rent,” Sam said. “The PPP loans helped us get ahead of the game. Because of the … -
SBA Helps Salon Manage Growth and Pandemic Impact
… Chenica applied for an SBA Paycheck Protection Program (PPP) loan. The loan helped save the business and jobs. Also, … by Spectrum News 1 (Charter Cable) regarding the PPP loan and the value to their business. Ricka provided advice for those who did not receive the PPP in 2020, stating “….people who didn't get (PPP funds) in … -
SBA Shares Resources for Black-Owned Businesses During National Black History Month
… consider applying for the Paycheck Protection Program (PPP) or an Economic Injury Disaster Loan (EIDL). The PPP, which relaunched last month, is intended to help … paying other essential bills. You can get matched with a PPP lender via Lender Match – a free online tool that … -
Financial Therapy in the Time of Need
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Magic City Hoagies
… reached out to her with the Paycheck Protection Program (PPP), she applied for and received a first draw PPP loan. She also applied for and received an EIDL … little bit of help counted,” she said. “I used all of the PPP funds to pay my employees. Since I had to build out an … -
Paycheck Protection Program Loans and Changes of Ownership
… an entity that has received Paycheck Protection Program (PPP) funds (a “PPP borrower”). Office of Capital Access Effective: October … | Download .pdf for / October 2, 2020 Related programs: PPP Remove download button Off … SBA Procedural Notice … -
Readout from the SBA / Treasury Roundtable Discussion with Minority Depository Institutions
… experiences as lenders in the Paycheck Protection Program (PPP), including their work to serve small businesses in low- … the MDIs for their continued efforts in ensuring that PPP funds reach all communities in need. As of July 24, 2020, 171 MDIs had participated in the PPP, approving over 120,000 loans for more than $10 billion. … -
SBA and Treasury Announce New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program
… a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President … easier for businesses to realize full forgiveness of their PPP loan. Click here to view the EZ Forgiveness Application. …