The bank fired a manager for originating suspicious loans but later asked the SBA to forgive them, prosecutors say. The case ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

Recipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a simplified application that was released Thursday by Treasury and the U.S. Small ...

The COVID-19 pandemic has hit U.S. small businesses very hard. In March, Congress created the Paycheck Protection Program as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to ...

In the six months since the Paycheck Protection Program (PPP) was created, the only certainty about the program has been uncertainty. The PPP came into being as part of the Coronavirus Aid, Relief, ...

The SBA recently issued Frequently Asked Questions to help Paycheck Protection Program borrowers navigate maximum loan forgiveness. Here are the answers to your key questions. On August 4, 2020, the ...

If doing the paperwork to have your Paycheck Protection Program (PPP) loan forgiven seems intimidating, help has arrived. A new online tool can simplify the process—and it won’t cost you a cent. You ...

An added benefit of the program allows businesses to receive forgiveness for any part of PPP loan indebtedness used to pay payroll costs, mortgage interest, rent, and utilities. As originally written, ...

The Paycheck Protection Program provided a lifeline for the small businesses that were able to get a loan and insulate themselves at least somewhat from the COVID-19 pandemic’s economic fallout. The ...

Update: This article was updated on July 27 at 8:34 p.m. eastern to include the SBA’s latest timeline for publishing details on its new forgiveness portal. The Small Business Administration is ...

The SBA loan forgiveness process is expected to drag on for a while. Here's how businesses can respond if they encounter a denial. The Small Business Administration’s Paycheck Protection Program is ...