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COVID-19: PPP Loan Forgiveness Application Released
The National Law Review· 1 week agoThe ability to have a Paycheck Protection Program (PPP) loan forgiven is perhaps the most important part of the program—turning a low-interest loan into a grant. For the basic ...
PPP Update
The National Law Review· 1 week agoWithin the past week many PPP lenders have begun receiving forgiveness payments. This was good news for the banking...
The CARES Act: How <500 Employee Small Businesses Can Stay Afloat Via The Paycheck Protection Loan...
The National Law Review· 2 weeks agoIn this guide, we will help you determine if a PPP loan is the right option for your business and how to prepare for the application process while we await ...
PPP Update: Loan Necessity Questionnaires
The National Law Review· 2 weeks agoThe U.S. Small Business Administration (SBA) will require Paycheck Protection Program (PPP) lenders to issue “loan necessity” questionnaires ...
Companies Agree To Pay Millions To Resolve Paycheck Protection Program Lawsuits
Forbes· 1 week agoThe companies, Biz2Credit, Inc. and Womply, without admitting wrongdoing, will pay millions to the...
SBA Issues Fresh Guidance and Streamlined Forgiveness Application
The National Law Review· 2 weeks agoOn June 16, the Small Business Administration released an updated PPP Loan Forgiveness Application
SBA Rolls Out Paycheck Protection Program
The National Law Review· 2 weeks agoApril 3 marks the first day that lenders can process applications for small businesses and sole proprietorships for the Paycheck Protection ...
FTC fines fintechs Biz2Credit, Womply $59M over PPP actions
Banking Dive via Yahoo Finance· 1 week agoThe agency claimed Biz2Credit misrepresented the timeline for application processing, and Womply had...
FAQ: Paycheck Protection Loans and Economic Injury Disaster Loans
The National Law Review· 2 weeks agoAmong other things, the CARES Act allocates federal funds towards making small business loans available to eligible applicants. The CARES Act became law ...
FBI, Justice Department cracking down on PPP loan fraudsters
McKnight’s Senior Living· 1 week agoThe PPP program allowed smaller senior living, skilled nursing operators and other businesses with...