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SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 19 hours agoThe PPP is intended to provide an incentive to small businesses to retain their workers during this crisis by offering government-backed loans that, if the applicable conditions are met – including ...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 5 days agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here). While the term of ...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 2 days agoNew SBA guidance says PPP borrowers of under $2 million are granted safe harbor and deemed to have made required good-faith certification of necessity. Individual circumstances ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 11 hours agoUnder the CARES Act, an “eligible recipient” was always a broader definition than the “small business concern” that is normally the standard needed to qualify for a loan guaranteed ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 1 day agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program under the Small ...
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 19 hours agoThe rule does not provide a time frame within which a business must submit the loan forgiveness application. The rule does clarify that a lender has 60 ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 24 hours agoAs noted in a prior Katten Financial Markets and Funds advisory, the PPP...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 5 days agoFrom April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection Program ("PPP"). Over 4,600 ...
Disaster assistance available for 6 Georgia counties after April 2 storms
WAGA fox local articles via Yahoo News· 1 day agoResidents and businesses affected by the recent severe storms and flooding in several Georgia...
iBusiness Funding Breaks Company Record with Over $100MM of SBA 7(a) Loans Processed and Funded in...
Loudoun Times-Mirror· 1 day agoFORT LAUDERDALE, Fla., April 16, 2024 /PRNewswire/ -- iBusiness Funding, a trailblazer in SBA and business lending solutions, is proud to announce a record-setting quarter ...
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