How to get a business loan with no money
Bankrate via AOL· 7 hours agoMicroloans A microloan has a maximum loan amount much smaller than typical term loans. There’s no standard for how large these loans can be, but the SBA...
COVID-19: SBA Issues New Forms Asking Key Necessity and Liquidity Questions
The National Law Review· 2 days agoAfter studying the application, it appears that the SBA will be looking not only at the facts that existed at the time of PPP loan < ...
Business loan rates forecast for 2024
USA Today· 12 hours agoBusiness loan interest rates have increased significantly in the past couple of years. The prime rate — which many business lenders use as a benchmark to...
SBA PPP Loan Concerns Linger for Small Businesses
The National Law Review· 4 days ago© 2023 McDermott Will & Emery National Law Review, Volumess XIII, Number 334
SBA Publishes PPP 3.0 Regulations and PPP Second Draw Loan Regulations
The National Law Review· 4 days agoOn Wednesday, 6 January 2021, the U.S. Small Business Administration (SBA) released new guidance on the existing Paycheck Protection Program (PPP) under Sections 1102 and ...
Another Joel Greenberg associate arrested. This time, it’s a former SBA employee
Orlando Sentinel via Yahoo Finance· 7 days agoORLANDO, Fla. — An Orlando woman is charged with bribing a public official, fraud and conspiracy...
SBA guidance clarifies “eligibility” and “payroll costs” under the Paycheck Protection Program
The National Law Review· 5 days agoBeginning April 3, 2020, businesses were able to start submitting loan applications under the Paycheck Protection Program (PPP). As applications ...
SBA Issues Interim Final Rule Capping Aggregate PPP Loan Amounts at $20M for Single Corporate Groups
The National Law Review· 4 days agoThe SBA issued an interim final rule (the “Rule”) capping the total amount of PPP loans that a single corporate group can receive. The Rule states that “businesses that are ...
SBA Releases Interim Final Rules Related to Second Draw PPP
The National Law Review· 1 day agoLate last night, the SBA released two interim final rules related to the Second Draw PPP. The first interim final rule (the “First Rule”) reflects the changes to the PPP program ...
Hispanic small business owners statistics
Bankrate via Yahoo Finance· 5 days agoIn 2021, almost 25 percent of the entrepreneurs behind new business applications were Latinx. And between 2019 and 2023, the share of self-employed...