The pace is picking up for PPP loan forgiveness on 2021 loans, but the forgiveness process for 2020 loans continues a slow crawl. Here's what borrowers need to know. More small business owners who ...
Certain businesses that received a first-draw Paycheck Protection Program (PPP) loan and did not deduct on their 2020 tax return expenses that resulted (or were expected at the end of the 2020 tax ...
The Paycheck Protection Program (PPP) was designed to help small businesses keep their doors open and employees paid during the height of the pandemic, and it was likely a huge factor in helping our ...
The number of participating lenders has more than doubled since its launch. The Small Business Administration's Paycheck Protection Program direct forgiveness portal continues to pick up steam among ...
Before enactment of the 2021 Consolidated Appropriations Act on December 27, 2020, the Internal Revenue Service took the position that taxpayers could not deduct expenses paid with proceeds of a ...
Most Americans have a lot to be thankful for this year. The economy is doing well, jobs are plentiful, and most small businesses are doing much better than had been expected. Things were much worse in ...
LANSING – In 14 months, $947 million came into Greater Lansing from the federal Paycheck Protection Program, which aimed to provide relief to businesses during the COVID-19 pandemic. The federal ...
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 ...
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 ...
Planned Parenthood affiliates have continued to be approved for emergency small business loans in 2021, despite protests by senators who say they should be ineligible for the loans. The office of Sen.