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The Small Business Administration is expected to release details on its forthcoming Paycheck Protection Program forgiveness portal on Wednesday. That should mean speedier decisions — with some ...
In a release, the SBA noted that more than 600 banks had already opted in, enabling more than 2.17 million borrowers to apply through the portal. Yet nearly 5,500 lenders participated in the PPP.
"It saved jobs." Exactly how many jobs the PPP saved remains a source of debate. Initially, the SBA said the program saved 50 million jobs.
The U.S. Small Business Administration announced a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans of $150,000 or less through participating lenders ...
3. Do I have to use at least 75% of the PPP loan on payroll? Yes. As outlined above, for better or for worse, the intent of the PPP program was to keep workers on the payroll and off unemployment.
Together these programs spend more than $3.6 billion a year, according to the SBA. there are 5,000 new awards every year, with initial grants ranging from $50,000 to $250,000, with larger grants ...
Together these programs spend more than $3.6 billion a year, according to the SBA. there are 5,000 new awards every year, with initial grants ranging from $50,000 to $250,000, with larger grants ...
Together these programs spend more than $3.6 billion a year, according to the SBA. there are 5,000 new awards every year, with initial grants ranging from $50,000 to $250,000, with larger grants ...
The U.S. Small Business Administration on Thursday issued an interim final rule for the Paycheck Protection Program (PPP), which is offering $349 billion in forgivable loans that small businesses ...