The Business Journals

PPP loan forgiveness process could drag out for 'six to eight years'

Of the 5.2 million PPP loans made in 2020, about 2.9 million have been forgiven, according to the SBA. But, for some borrowers, experts say the road could drag out for years. Fallout from the Small ...
JournalofAccountancy

PPP processing delays continue

Measures implemented by the U.S. Small Business Administration (SBA) to screen for potential fraud in Paycheck Protection Program (PPP) applications continue to cause stress and delays in the system, ...
JournalofAccountancy

SBA streamlines forgiveness process for most PPP loans

The U.S. Small Business Administration (SBA) published new guidance Wednesday designed to simplify and speed up the forgiveness process for businesses and not-for-profits with Paycheck Protection ...
MassLive

SBA’s PPP forgiveness process is about to get much easier for larger loans

This article first appeared on the Business Journals’ website. The Small Business Administration has told the Associated General Contractors of America that it intends to withdraw the use of a ...
Newsday

SBA debuts quicker PPP forgiveness process but many banks aren't participating

The federal government will forgive Paycheck Protection Program loans directly starting next month, though some borrowers may not be eligible because their lender hasn’t agreed to the new online ...
Los Angeles Times

How to get your PPP loan forgiven

The Paycheck Protection Program provided a lifeline for the small businesses that were able to get a loan and insulate themselves at least somewhat from the COVID-19 pandemic’s economic fallout. The ...