Paycheck Protection Program - Small Business Administration
Get information about the SBA loan program that helped businesses keep their workforce employed during the COVID-19 crisis. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.
First Draw PPP loan | U.S. Small Business Administration
First Draw PPP loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.
FAQ for PPP Borrowers and Lenders - Small Business Administration
Jul 29, 2021 · Häufig gestellte Fragen für PPP-Darlehensnehmer und -Darlehensgeber પીપીપી ઉધારકર્તાઓ અને ધીરનારો માટે વારંવાર પૂછાતા પ્રશ્નો
Second Draw PPP loan | U.S. Small Business Administration
May 31, 2021 · PPP now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP loan with the same general loan terms as their First Draw PPP loan. Second Draw PPP loans can be used to help fund payroll costs, including benefits.
PPP lender information | U.S. Small Business Administration
Nov 19, 2024 · The purpose of this notice is to provide guidance to lenders approved to participate in the PPP regarding the sale of participating interests in PPP loans. SBA Procedural Notice on Whole Loan Sales for PPP Loans. This notice provides guidance on the procedures for completing whole loan sales of PPP loans between participating lenders.
PPP loan forgiveness | U.S. Small Business Administration
Mar 13, 2024 · Each forgiveness form has unique instructions for documentation that must be submitted with your loan forgiveness application. For detailed instructions, refer to your chosen forgiveness form for clear guidance. For loans of $150,000 and below. SBA form 3508S PPP Loan Forgiveness Application + Instructions
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
Jan 8, 2021 · Key PPP updates include: PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs; PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures;
Get help with your PPP loan - Small Business Administration
Mar 4, 2021 · Create an account in the MySBA Loan Portal (lending.sba.gov) to monitor your PPP loan status. Payments can only be made using the MySBA Loan Portal for SBA-purchased PPP loans. All others can continue to set up and manage online payments at Pay.gov.
Small Business Administration Announces Further Action to Help …
Jan 5, 2024 · WASHINGTON – The U.S. Small Business Administration (SBA) has announced expanded flexibility and accommodations for COVID EIDL and PPP borrowers to help bring them into compliance and avoid the repercussions of defaulting on a government loan.
Affiliation Rules for Paycheck Protection Program
Apr 3, 2020 · Basic requirements; How to win contracts; Types of contracts; Size standards; Governing rules and responsibilities; Prime and subcontracting; Contracting assistance programs. Small Disadvantaged Business; Women-Owned Small Business Federal Contract program; Veteran contracting assistance programs; 8(a) Business Development program; SBA Mentor ...
- Some results have been removed