Search
-
https://www.sba.gov/success-stories/ppp-profile-pandemic-no-match-resilient-newton-small-business-owners… PPP Profile - Pandemic is No Match for Resilient Newton Small … secured an SBA-backed Paycheck Protection Loan. The PPP funding supports the salaries of their 14 employees, … PPP Profile - Pandemic is No Match for Resilient Newton Small …
-
North Alabama Family-Owned Cotton Business received PPP and Continues to Grow Exponentially
https://www.sba.gov/success-story/north-alabama-family-owned-cotton-business-received-ppp-and-continues-grow… North Alabama Family-Owned Cotton Business received PPP and Continues to Grow Exponentially Mark Yeager, who owns … to obtain $25,000 from the Payroll Protection Program (PPP) to maintain their workforce during questionable times … North Alabama Family-Owned Cotton Business received PPP and Continues to Grow Exponentially … -
Premier Vegetation Supplier Brings Hope With the Help of SBA PPP
https://www.sba.gov/success-story/premier-vegetation-supplier-brings-hope-help-sba-ppp… Vegetation Supplier Brings Hope With the Help of SBA PPP Oscar Warmerdam emigrated to the United States from The … Vegetation Supplier Brings Hope With the Help of SBA PPP … -
Inspection of SBA's Implementation of the Paycheck Protection Program
https://www.sba.gov/document/report-21-07-inspection-sbas-implementation-paycheck-protection-program… results of OIG’s assessment of SBA’s implementation of the PPP. Report 21-07 This inspection report presents the results of OIG’s assessment of SBA’s implementation of the PPP, including the timing of implementation, lender … loan approvals. SBA’s initial response to implement the PPP quickly made billions of dollars of capital available to … -
Response to COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape
https://www.sba.gov/document/support-response-covid-19-pandemic-eidl-ppp-loan-fraud-landscape… Response to COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape Support File size: 258KB | Download … Response to COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape … -
SBA’s Handling of Potentially Fraudulent Paycheck Protection Program Loans
https://www.sba.gov/document/report-22-13-sbas-handling-potentially-fraudulent-paycheck-protection-program-loans… our inspection of SBA's handling of potentially fraudulent PPP loans. Report 22-13 The Office of Inspector General (OIG) … handle potentially fraudulent Paycheck Protection Program (PPP) loans across the program. In addition, the agency did … fraud risk framework at the start of and throughout PPP implementation. Management stated this was partly due to … -
PPP Supports Pella Family-Owned Small Business
https://www.sba.gov/success-stories/ppp-supports-pella-family-owned-small-business… PPP Supports Pella Family-Owned Small Business Lana Pol and … PPP Supports Pella Family-Owned Small Business … -
Total Air Supply is Successful with the PPP!
https://www.sba.gov/success-stories/total-air-supply-successful-ppp… Total Air Supply is Successful with the PPP! Total Air Supply - Total Air Supply is a wholesale … Total Air Supply is Successful with the PPP! … -
SBA Releases Updated Paycheck Protection Program Report with Second Round Funding Status and Loans by State
https://www.sba.gov/article/2020/may/15/sba-releases-updated-paycheck-protection-program-report-second-round-funding-status-loans-state… Report with data through May 8 from the second round of PPP funding provided in the Paycheck Protection Program and … organizations. Great Lakes Region state-specific PPP loan details for each round (round one as of April 16; round two and totals as of May 8, 2020) are: State PPP Round 1 # PPP Round 1 $ PPP Round 2 # PPP Round 2 $ Total … -
Joint Statement by SBA Administrator Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin Regarding Enactment of the Paycheck Protection Program Flexibility Act
https://www.sba.gov/article/2020/jun/08/joint-statement-sba-administrator-jovita-carranza-us-treasury-secretary-steven-t-mnuchin-regarding-0… the enactment of the Paycheck Protection Program (PPP) Flexibility Act: “We want to thank President Trump for … a modified borrower application form, and a modified loan forgiveness application implementing these legislative amendments to the PPP. These modifications will implement the following … -
SBA's Guaranty Purchases for Paycheck Protection Program Loans
https://www.sba.gov/document/report-22-25-sbas-guaranty-purchases-paycheck-protection-program-loans… regarding SBA's decision to end collections on purchased PPP loans with an outstanding balance of $100,000 or less. … end collections on purchased Paycheck Protection Program (PPP) loans with an outstanding balance of $100,000 or less. … In anticipation of a significant number of delinquent PPP loans that lenders will submit for guaranty purchase, we … -
The SBA Takes Steps to Improve First Draw Paycheck Protection Program Loan Review
https://www.sba.gov/article/2021/jan/26/sba-takes-steps-improve-first-draw-paycheck-protection-program-loan-review… have as much time as possible to access much needed PPP funds. The Biden-Harris Administration is focused on … promote transparency. While reviewing the initial draw of PPP loans, anomalies – mostly data mismatches and eligibility … on track so that they’re able to receive another round of PPP loans swiftly. The SBA encourages borrowers and lenders … -
1.1 Million Paycheck Protection Program Loans Forgiven So Far Totaling Over $100 Billion
https://www.sba.gov/article/2021/jan/12/11-million-paycheck-protection-program-loans-forgiven-so-far-totaling-over-100-billion… more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, providing an extraordinary … small businesses just 3 months since the earliest PPP borrowers’ covered periods ended. “Today’s news is a key … this vital Program.” The SBA has so far received 1,346,125 forgiveness applications for approximately $170.5 billion. … -
Flash Report Small Business Administration's Implementation of the Paycheck Protection Program Requirements
https://www.sba.gov/document/report-20-14-flash-report-small-business-administrations-implementation-paycheck-protection-program-requirements… (SBA’s) implementation of the Paycheck Protection Program (PPP). Based on this ongoing work, we produced a flash report … further inform stakeholders of SBA’s implementation of the PPP. Section1102, created the PPP under section 7(a) of the … Underserved and Rural Markets Loan Proceeds Eligible for Forgiveness Guidance on Loan Deferments Registration of Loans … -
Extension of and Update to Guidance Related to Paycheck Protection Program Loans and Changes of Ownership
https://www.sba.gov/document/procedural-notice-5000-821918-extension-update-guidance-related-paycheck-protection-program-loans-changes-ownership… for changes of ownership of an entity that has received a PPP loan. Procedural notice 5000-821918 On October 2, 2020, … entity that has received a Paycheck Protection Program (“PPP”) Loan. The purpose of this Notice is to extend that … to entities that have received First and Second Draw PPP Loans (a “PPP Borrower”). Office of Capital Access … -
PA Businesses Approved for over $9.9 Billion in Paycheck Protection Program Loans
https://www.sba.gov/article/2020/apr/15/pa-businesses-approved-over-99-billion-paycheck-protection-program-loans… Administration announces its Paycheck Protection Program (PPP) has approved 1,035,086 loans for a total amount of … loan dollars and the total number of loans made since the PPP began accepting applications. “Increasing access to … efforts to help small businesses. Lending volume under the PPP program speaks highly of the commitment of the SBA and … -
Stay Safe: Tips to Protect Your Business from Scams Targeting COVID Loan Borrowers
https://www.sba.gov/blog/2024/2024-03/stay-safe-tips-protect-your-business-scams-targeting-covid-loan-borrowers… keep yourself and your business safe from scams targeting PPP and EIDL borrowers. U.S. Small Business Administration … have been known to target Paycheck Protection Program (PPP) and COVID-Economic Injury Disaster Loan (EIDL) borrowers … For questions about your PPP loan, use the PPP Direct Forgiveness Portal's "help" feature or call our service desk … -
60,000 Paycheck Protection Program Loans Approved in First Week
https://www.sba.gov/article/2021/jan/19/60000-paycheck-protection-program-loans-approved-first-week… announced that it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for … at 9 a.m. ET through to Sunday, Jan. 17. Last week, the PPP provided dedicated access to community financial … businesses,” said SBA Administrator Jovita Carranza. “The PPP is off to another great start helping our nation’s … -
Paycheck Protection Program Report through June 12, 2020
https://www.sba.gov/document/report-paycheck-protection-program-report-through-june-12-2020… June 12, 2020 Summary of Paycheck Protection Program (PPP) lending through June 12, 2020. Report State-by-state report of approved PPP lending as of 06-12-20. Effective: June 12, 2020 | File … | Download .pdf for / June 12, 2020 Related programs: PPP Remove download button Off … -
Guidance on Whole Loans Sales of Paycheck Protection Program Loans
https://www.sba.gov/document/procedural-notice-5000-20024-guidance-whole-loans-sales-paycheck-protection-program-loans… on the procedures for completing whole loan sales of PPP loans between participating lenders. Procedural notice 5000-20024 Learn about whole loan sales of PPP loans between participating lenders. Office of Capital … 103KB | Download .pdf for / May 1, 2020 Related programs: PPP Activity Secondary market Servicing Remove download …