On Friday, October 9th, the SBA released the new Form 3508S (you can remember the new Form by the poem shown at the end of this article), together with an interim final rule, which is a very nice ...

WASHINGTON, DC - JULY 17: Representative Steve Chabot, a Republican from Ohio and ranking member of the House Small Business Committee, left, and Jovita Carranza, administrator of the U.S. Small ...

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 ...

Small-business owners who obtained a Paycheck Protection Program (PPP) loan in 2020 need to pay close attention to their forgiveness period, as the window of time to avoid payments of principal and ...

The U.S. Small Business Administration is offering to make it even easier to apply for PPP loan forgiveness–but only for the smallest borrowers. On Thursday, the SBA along with the U.S. Treasury ...

SBA issues interim final rule providing for simplified forgiveness application for recipients of PPP loans of $50k or less. On October 8, 2020, the Small Business Administration (“SBA”) issued an ...

On October 8, 2020, the Small Business Administration and Treasury released a new, simpler loan forgiveness application for Paycheck Protection Program (“PPP”) borrowers with loans of $50,000 or less.

U.S. lenders issued more than five million forgivable loans through the federal government’s coronavirus aid initiative for small businesses, the Paycheck Protection Program. The Small Business ...