SBA PPP Loan Concerns Linger for Small Businesses

Paycheck Protection Program as Amended by Economic Aid Act

The Small Business Administration (SBA) received funding and authority through the Act to modify existing loan programs and establish a new loan ...

Articles by Llewelyn Engel's Profile | The National Law Review, JD ...

SBA PPP Loan Concerns Linger for Small Businesses ... Many small businesses continue to face uncertainty over whether the Small Business Administration (SBA) will ...

Here's How The Small Business Loan Program Went Wrong In Just ...

Not only did that first pot of PPP money run out in 13 days, but self-employed people like Pugh were only able to apply one week after the ...

Paycheck Protection Program | U.S. Department of the Treasury

The SBA's Economic Injury Disaster Loan provides vital economic support to small businesses to help overcome the temporary loss of revenue they are ...

Overturning of Chevron Boosts Challenges to SBA PPP Loan ...

Businesses whose PPP forgiveness applications have been denied pursuant to SBA eligibility criteria have a strong argument for reevaluation of ...

Paycheck Protection Program: Overview & FAQs | Thomson Reuters

Applications for a first-time or second-draw PPP loan closed on May 31, 2021. The SBA had until June 30, 2021, to process lender applications ...

SBA Issues Loan Necessity Questionnaires to PPP Recipients

Authorities are targeting businesses that did not apply for loans in good faith or use the funds appropriately for payroll, utilities, rent, or other permitted ...

What Was Third-Round Paycheck Protection Program (PPP) Funding?

Small businesses with 500 or fewer employees (300 or fewer for second-draw loans) · Businesses categorized as “Accommodation or Food Services” such as ...

Treasury Department Continues to Issue Guidelines for Small ...

In addition to qualifying for PPP loans under the 500-employee standard (or any alternative industry-specific/NAICS code employee standard established by the ...

PPP and SBA loans for small businesses and self-employed

Too bad the big banks reshuffled applications and processed higher PPP loan amounts first. So much for “first come, first served.” M_Barnes ...

Small Business Administration released Interim Final Rules on PPP ...

Small Business Administration releases Interim Final Rules on Re-Opening PPP Loans, Allowing PPP Second Draws, and Streamlining Forgiveness.

Is PPP Money Still Available for Small Businesses? - Backd

Even though PPP loans are unlikely to return any time soon, there are many other loans available through the SBA and other financial ...

SBA Paycheck Protection Program FAQs - Winston & Strawn

Independent contractors and K-1 partners are not included, but note that independent contractors are separately eligible for PPP loans. B.6 Are any businesses ...

The Latest Changes to SBA PPP Loan Forgiveness and What You ...

Millions of small businesses received funding from the Small Business Association (SBA) Paycheck Protection Program (PPP) which has generated even more ...

PPP and the Economic Aid Act | Insights - Holland & Knight

In addition to existing ineligibility criteria, those business and organizations that are ineligible for any PPP loan made on or after Dec. 27, ...

CARES Act Paycheck Protection Program 2021 - become.co

On August 8, 2020 the PPP officially closed. *On December 27, 2020 a new PPP was signed into law, allocating another $284 billion in small business loans.

Preparing for PPP loan reviews and appeals: Avoiding potential pitfalls

This article provides an overview of PPP loan forgiveness, including some potential issues pertaining to the appeal of SBA decisions.

Your PPP Lender Refused to Fund Your SBA-Approved PPP Loan

It seems the group of PPP borrowers most impacted by unfunded loans were sole proprietors and the smallest of small businesses seeking loans ...

SBA Issues Interim Final Rules for PPP “Second Draw” Loans and ...

In order to help ensure loans reach smallest businesses and underserved communities, SBA has issued guidance that they will only be accepting ...

CARES Act SBA Loan Programs FAQ | PPP and EIDL FAQ

A: Businesses can apply for PPP loans and other SBA financial assistance, including Economic Injury Disaster Loans (EIDLs), traditional 7(a) ...