With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...

The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...

Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP ...

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...

Representatives for each lawmaker did not respond to Insider's requests for comment. PPP loans were part of the $2.2 trillion CARES Act, which was signed into law at the end of March 2020.

As we continue to get more guidance from SBA; more emails and calls from readers; and discussions with certain officials in Washington DC; it has become apparent that PPP loans for farmers is a ...

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The same report pointed out that the SBA has since extended licenses to nonbank lenders, some of which were the same that had potentially high cases of fraudulent loans issued under the PPP.