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SBA Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19
… Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for … open on Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications … -
PPP ‘Instrumental’ for Montpelier Distillery
… PPP ‘Instrumental’ for Montpelier Distillery When Covid-19 … primary provisions was the Paycheck Protection Program. PPP provided small businesses forgivable loans through the … throughout the U.S. received billions of dollars in PPP loans. Vermont, the second least populated state in the … -
Serious Concerns Regarding the Return of Paycheck Protection Program Funds
… to bring attention to concerns regarding the return of PPP funds. Report 23-08 The Office of Inspector General (OIG) … regarding the return of Paycheck Protection Program (PPP) funds. This issue requires immediate attention and … in place to adequately accept, process, and account for PPP funds returned by borrowers, lenders, and financial … -
COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape
… COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape U.S. Small Business Administration … Disaster Loan (EIDL) and Paycheck Protection Program (PPP) funds. In the rush to swiftly disburse COVID-19 EIDL and PPP funds, SBA calibrated its internal controls. The agency … -
SBA Rolls Out Dedicated Tool for Small Businesses to Connect with CDFIs, Small Asset Lenders Participating in PPP
… Connect with CDFIs, Small Asset Lenders Participating in PPP WASHINGTON – Today, U.S. Small Business Administration … asset size lenders in the Paycheck Protection Program (PPP). SBA’s Lender Match is an additional resource for … who have not applied for or received an approved PPP loan to connect with lenders. The forgivable PPP loan is … -
Procedures for Lender Submission of Paycheck Protection Program Loan Forgiveness Decisions to SBA and SBA Forgiveness Loan Reviews
… This Notice is to inform Paycheck Protection Program (PPP) Lenders of the processes for submitting decisions on PPP borrower loan forgiveness applications Procedural notice … of this Notice is to inform Paycheck Protection Program (PPP) Lenders of the processes for submitting decisions on PPP … -
PPP Loan Necessity Questionnaire (For-profit borrowers)
… PPP Loan Necessity Questionnaire (For-profit borrowers) … borrowers, who together with their affiliates, received PPP loans totaling $2 million or greater, made on their PPP Borrower Application (SBA Form 2483 or Lender’s … -
Company Uses SBA 8(a), HUBZone and PPP to Grow and Survive the Pandemic
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SBA’s Great Lakes Region Has Nearly 308,000 Loans Totaling $22.8 Billion Approved in Paycheck Protection Program’s Second Round
… and non-profits with a total of $22.8 billion in approved PPP loans. The second round of PPP funding re-opened on April 27, 2020, after the first … one week, we have already surpassed our total first round PPP loan numbers by nearly 10,000 and loans continue to be … -
Seattle Chef Uses SBA Assistance to Grow Business and PPP Loan Keeps Business Open During Pandemic
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Pharmaceutical Company Receives SBA PPP Loans & Research Grants
… Pharmaceutical Company Receives SBA PPP Loans & Research Grants Situation: Estimates show that … took advantage of the SBA Paycheck Protection Program (PPP), forgivable loans to keep employees on the payroll. Bexion received its initial PPP loan in April 2020 and a PPP Second Draw loan in early … -
PPP 3508S Loan Forgiveness Application + Instructions
… PPP 3508S Loan Forgiveness Application + Instructions SBA … Number 3245-0407 Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. A borrower may use this form only if … -
FOIA
… program and loan data SBA documents and press releases OHA PPP Appeal Decisions cited in Frequently Asked Questions for PPP Borrowers and Lenders How to submit a FOIA request If you … -
Extension and Revision of SBA Guidance on Guaranty Purchases and Lender Servicing Responsibilities for PPP Loans
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Paycheck Protection Program Eligibility for Nonprofit Organizations
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SBA Administrator Isabella Casillas Guzman’s Statement on President Biden signing the PPP Extension Act of 2021 into law
… Casillas Guzman’s Statement on President Biden signing the PPP Extension Act of 2021 into law WASHINGTON – As President Joe Biden signed the PPP Extension Act of 2021 into law today, extending the … impacted by the pandemic: help is here. By signing the PPP Extension Act of 2021 and the American Rescue Plan Act … -
SBA PPP Loan Provides Lifeline to Nonprofit Foster Care Community
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PPP Loan and Emerging Leaders Helps Retool a Business
… PPP Loan and Emerging Leaders Helps Retool a Business … model, she applied for an SBA Paycheck Protection Program (PPP) loan with Stock Yards Bank & Trust Co. Nancy Bailey is a … changes. Successful Impact/ Outcome Nancy stated that the PPP loan was a lifeline for her company, and the experience … -
Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on Establishing Dedicated Hours for Small Lender Submissions of PPP Applications
… Dedicated Hours for Small Lender Submissions of PPP Applications WASHINGTON – U.S. Small Business … statement today on the Paycheck Protection Program (PPP) amid continuing efforts to aid small community lenders, … run efficiently: “In order to ensure special access to the PPP loan program for the smallest lenders and their small …