Congress approved funding for a second round of forgivable PPP loans in December 2020, which became available to borrowers in January 2021. The “second-draw” loan program included more eligibility ...

While struggling small businesses faced more stringent requirements and limited access to funds. The primary issue with celebrities taking out PPP loans is the intended purpose of the funding.

Experts say the guidance around PPP loans is clearer this time around, as legislators have worked out many of the kinks of the CARES Act. But with new eligibility and forgiveness requirements ...

Vincenzo Minutolo, of Shelton, pleaded guilty after he fraudulently received $145,000 in COVID-19 relief funds, federal ...

The SBA also maintains a list of participating PPP lenders by state. You will need to verify loan availability and that you meet eligibility requirements. Qualified businesses and nonprofits can ...

With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...

Farooq Khan faces a possible sentence of more than four years in prison for defrauding the Paycheck Protection Program and Economic Injury Disaster Loan program.

GSIS MULTI-PURPOSE LOAN AMOUNT 2025 - You can check here the details about the borrowing amounts allowed under the GSIS loan offer.

Under the PPP, small businesses could borrow up $10 million from private lenders without collateral, personal guarantees, or fees. These loans don't have to be repaid to the extent they're used to ...

When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...

An El Paso woman has been arrested on charges related to alleged Paycheck Protection Program (PPP) fraud, according to court ...

Editor's note: Congress on Dec. 21 passed the Consolidated Appropriations Act, 2021, which includes language that clarifies the tax treatment of forgiven PPP loans allowing for small businesses to ...