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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 ...
MD approves $1M to retain port workers as relief programs kick in - Maryland Daily Record
The Daily Record· 17 minutes agoThe state is granting small businesses, unions, trade associations and organizations up to $200,000...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 1 day agoAs noted in a prior Katten Financial Markets and Funds...
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 ...
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 ...
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 ...
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 ...
iBusiness Funding Breaks Company Record with Over $100MM of SBA 7(a) Loans Processed and Funded in...
The Huntington Herald-Dispatch· 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 ...
Small business loan denied? Here’s what to do next
Bankrate via AOL· 5 days agoWhat to do: If you submitted your loan application without a business plan, consider reapplying with a strong business
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
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