Since President Biden has taken office, eligibility to obtain a First and Second Draw Paycheck Protection Program (PPP) has been expanded. As such, the Small Business Association (SBA) recently ...
The pace is picking up for PPP loan forgiveness on 2021 loans, but the forgiveness process for 2020 loans continues a slow crawl. Here's what borrowers need to know. More small business owners who ...
The SBA, in consultation with the Department of Treasury, has announced that it is reopening its portal for first draw and second draw PPP applications to all eligible PPP lenders today, January 19, ...
Latest data from SBA shows more recipients won't have to pay the money back. S&T poised to wrap up PPP very soon PPP forgiveness dollars inch upward, here's where local banks stand PPP forgiveness ...
Certain businesses that received a first-draw Paycheck Protection Program (PPP) loan and did not deduct on their 2020 tax return expenses that resulted (or were expected at the end of the 2020 tax ...
LANSING – In 14 months, $947 million came into Greater Lansing from the federal Paycheck Protection Program, which aimed to provide relief to businesses during the COVID-19 pandemic. The federal ...
The IRS announced a safe harbor for certain businesses that received first-round Paycheck Protection Program (PPP) loans but did not deduct any of the original eligible expenses because they relied on ...
Most Americans have a lot to be thankful for this year. The economy is doing well, jobs are plentiful, and most small businesses are doing much better than had been expected. Things were much worse in ...
The Paycheck Protection Program (PPP) was designed to help small businesses keep their doors open and employees paid during the height of the pandemic, and it was likely a huge factor in helping our ...
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 ...
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