Extending Possibilities Updates to the Paycheck Protection Program ...

Updates to the Paycheck Protection Program Extend Access to Small Farms. Updates to the PPP Loan Program make forgivable loans available to small farms with ...

Paycheck Protection Program | U.S. Small Business Administration

PPP loan forgiveness. Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. · PPP lender information. Information and resources for ...

H.R.1799 - 117th Congress (2021-2022): PPP Extension Act of 2021

This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19 (ie, coronavirus disease 2019), through June ...

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

The Paycheck Protection Program is providing small businesses with the resources they need to maintain their payroll, hire back employees who may have been laid ...

Business Loan Program Temporary Changes; Paycheck Protection ...

In this rule, SBA is not imposing a new requirement on PPP lenders, rather SBA is extending an existing requirement of records retention. The ...

Paycheck Protection Program - Potential Extension

Congress signals a likelihood of extending the period in which Paycheck Protection (PPP) loan funds must be used to be eligible for forgiveness.

Extension of and Update to Guidance Related to Paycheck ... - SBA

On October 2, 2020, SBA issued SBA Procedural Notice 5000-20057: Paycheck Protection Program Loans and Changes of Ownership, which provided ...

New PPP Modification Makes PPP Loans More Flexible For Borrowers

On Friday, June 5, the President signed into law the Paycheck Protection Program Flexibility Act of 2020 (“Flexibility Act”) making the provisions of the ...

Paycheck Protection Program - Possible Extended Life

Last night, the United States Senate passed legislation by unanimous consent to extend the deadline for borrowers to apply for funds under the Paycheck ...

Modifying PPP Loans in Light of the PPP Flexibility Act - L&B

On Wednesday, June 3, 2020, the Paycheck Protection Program Flexibility Act of 2020 was approved by both houses of Congress and submitted to ...

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

These changes were designed to make PPP funds available to very small businesses and others that had been inadequately helped by the program, according to the ...

Paycheck Protection Porgram Extension Bill Signed into Law

On July 4th, President Trump signed a bill into law extending the Paycheck Protection Program through August 8, 2020. Banks and the SBA had ...

Key Changes to Paycheck Protection Program Await President's ...

The Flexibility Act will extend the “covered period” borrowers have to use PPP loans and qualify for loan forgiveness from eight weeks following ...

SBA Paycheck Protection Program | Enterprise Bank & Trust

Update as of June 11 · Extends the time frame to spend the funds (covered period) from eight weeks to 24 weeks. · Lowers the payroll threshold amount from 75% to ...

Paycheck Protection Program Flexibility Act Extends Loan ...

Paycheck Protection Program Flexibility Act Extends Loan Forgiveness Opportunities for Some Employment Actions · Amends the rules governing the ...

PPP Flexibility Act Becomes Effective, Modifying Options for ...

The Paycheck Protection Program Flexibility Act is now law. The Act extends the “covered period” for calculating forgiveness and extends ...

Major Changes Coming To PPP With Paycheck Protection Flexibility ...

While the Act is designed to provide borrowers with options to maximize the benefits of the PPP loans, the PPFA will likely require significant ...

FACT SHEET: Biden-Harris Administration Increases Lending to ...

The latest round of Paycheck Protection Program (PPP) funding opened just one month ago and it represents a marked improvement on the prior ...

Business Loan Program Temporary Changes; Paycheck Protection ...

The extension of the safe harbor requires a corresponding date change to the interim final rule that SBA posted on its website on April 28, 2020 ...

House and Senate introduce plans to extend PPP as deadline nears

A bipartisan group of lawmakers on Thursday introduced the Paycheck Protection Program Extension Act, which would extend the program ...