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First Savings Financial Group Inc. Exceeds Quarterly Earnings Expectations
GuruFocus.com via Yahoo Finance· 5 hours agoGroup Inc operates primarily through its subsidiary, First Savings Bank, offering a range of banking...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 2 weeks ago...Covered Period” for loan forgiveness has not changed – this is still the eight-week period that starts on the first date of disbursement of the PPP loan – the SBA is permitting employers to use an Alternative Payroll Covered Period (“APCP”) for purposes of calculating and submitting “Payroll...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 2 weeks ago... 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection...S. have been tasked with serving as conduits for distributing $349 billion in federal loan funds made available for the PPP, with approximately $296 billion dollars having...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 1 week 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 ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 1 week 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 ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 1 week ago...was always a broader definition than the “small business concern” that is normally the standard needed to qualify for a loan guaranteed by the Small Business Association (SBA) under Section 7(a) of the Small Business Act.[1] Congress intended that the CARES Act would provide badly needed loans to...
Q1 2024 Third Coast Bancshares Inc Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 17 hours agoThe nonaccrual increase was primarily due to four relationships being placed on non-accrual two of which had 75% SBA guarantees, one of which represented our 5% portion of ...
Q1 2024 First Internet Bancorp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 13 hours agoCongratulations to our SBA team on another standout quarter. It is the combination of all of these efforts, solid loan growth, net interest margin expansion ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 1 week agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness ...
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 1 week 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 days following the ...
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