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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans

Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...
Augusta Free Press

Proposed bill would help farmers apply for PPP loans

Congress has introduced a bill that would enable more farmers to participate in the Small Business Administration’s Paycheck Protection Program. The Paycheck Protection for Producers Act—H.R. 7175 and ...
Financial Advisor

SBA Issues 'EZ' PPP Loan Forgiveness Application

The U.S. Small Business Administration (SBA) has issued a revised Paycheck Protection Program (PPP) loan forgiveness application that is designed to be easier for applicants to use In addition to ...
Times Union

So You Want Your PPP Loan Forgiven? Make Sure You Submit This Application

The Paycheck Protection Program (PPP) — the U.S. government’s lifeline for small businesses during the Covid-19 pandemic — sent out a total of nearly $800 billion to help companies keep staff on their ...
The Business Journals

Millions of SBA’s PPP, EIDL loans in default or late

The SBA's Inspector General has highlighted $200 billion in potential fraud as loan defaults rise in Covid-19 relief programs. The agency disagrees. Businesses have defaulted on hundreds of thousands ...
Wall Street Journal

Where Did the Biggest PPP Loans Go?

The federal government’s Paycheck Protection Program distributed about 4.9 million loans from April through June to help businesses weather the fallout from the coronavirus. While 86% of participating ...
Law

Mid Penn Bank Alleges Hotel Lied on PPP Application About Prior SBA Loan Default

Mid Penn Bank filed breach of contract lawsuit against Prince Preferred Hotels Natchez's application for a Paycheck Protection Program (PPP) loan after the defendant allegedly failed to disclose that ...