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https://www.sba.gov/article/2021/jan/12/11-million-paycheck-protection-program-loans-forgiven-so-far-totaling-over-100-billion
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Duplicate Loans Made Under the Paycheck Protection Program
https://www.sba.gov/document/report-21-09-duplicate-loans-made-under-paycheck-protection-program… the Paycheck Protection Program. Report 21-09 OIG reviewed PPP regulations and the Paycheck Protection Program and … Act, in addition to guidance published in SBA’s PPP Interim Final Rules and PPP Frequently Asked Questions. We determined SBA did not … -
In Less Than Two Weeks, Paycheck Protection Program Direct Borrower Forgiveness Portal Surpasses Expectations, Accepts More Than 340K Submissions
https://www.sba.gov/article/2021/aug/18/less-two-weeks-paycheck-protection-program-direct-borrower-forgiveness-portal-surpasses-expectations -
New Report Shows Consequential Impacts of SBA Pandemic Relief
https://www.sba.gov/article/2025/01/15/new-report-shows-consequential-impacts-sba-pandemic-relief -
SBA’s Guaranty Purchases for Paycheck Protection Program Loans
https://www.sba.gov/document/report-24-20-sbas-guaranty-purchases-paycheck-protection-program-loans… guaranty purchase process for Paycheck Protection Program (PPP) loans. The Coronavirus Aid, Relief, and Economic Security (CARES) Act established the PPP to provide guaranteed SBA loans for eligible businesses, … We assessed whether SBA reported and referred charged-off PPP loans to commercial credit reporting agencies and the … -
Fact Sheet: Changes to Paycheck Protection Program by Biden-Harris Administration Increase Equitable Access to Relief
https://www.sba.gov/article/2021/mar/09/fact-sheet-changes-paycheck-protection-program-biden-harris-administration-increase-equitable-access… made several reforms to the Paycheck Protection Program (PPP) to further ensure small businesses get the help they … fewer than 20 employees could apply for relief through the PPP. This period was to give lenders time to focus on … the reforms show that nearly 200,000 are first-time PPP borrowers – a 25% increase in daily approvals. During the … -
TNR Accounting and Management Consulting
https://www.sba.gov/success-story/tnr-accounting-and-management-consulting… their staff concerning the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) application … processes. Once educated, the firm applied for PPP and EIDL loans themselves. TNR Accounting and Management … LLC was awarded $55k in COVID-19 EIDL and $20.8k in PPP funds; for their PPP loan application, they obtained … -
SBA Achieves Historic Small Business Lending for Fiscal Year 2020
https://www.sba.gov/article/2020/oct/28/sba-achieves-historic-small-business-lending-fiscal-year-2020 -
SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal
https://www.sba.gov/article/2021/jul/28/sba-announces-opening-paycheck-protection-program-direct-forgiveness-portal… to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to … to the technology platform, the SBA is standing up a PPP customer service team to answer questions and directly … – Friday, 8 a.m. - 8 p.m. EST. “This initiative will allow PPP borrowers to put their concerns of achieving full … -
SBA Administrator Issues Statement on the Closure of Paycheck Protection Program
https://www.sba.gov/article/2021/jun/01/sba-administrator-issues-statement-closure-paycheck-protection-program… on the closure of the Paycheck Protection Program (PPP) to new loan guaranty applications, which has provided … from small business owners across the country about how PPP funds helped them keep the lights on, pay their employees … to begin to rectify these inequities -- in 2021, 96% of PPP loans went to small businesses with fewer than 20 … -
SBA Partnering with Small Businesses to Drive Economic Recovery
https://www.sba.gov/blog/sba-partnering-small-businesses-drive-economic-recovery -
Head of the SBA Visits Small Businesses in Dallas, Texas And highlights the Role of Small Businesses in a Recovering Economy
https://www.sba.gov/article/2020/jun/17/head-sba-visits-small-businesses-dallas-texas-highlights-role-small-businesses-recovering-economy… Eno’s Pizza Tavern received a Paycheck Protection Program (PPP) Loan which was a lifeline to keeping Eno’s Pizza Tavern … visit to Dallas, Administrator Carranza visited another PPP loan recipient. On-Target Supplies & Logistics employs … to be able to come to Dallas and see firsthand that the PPP is meeting its mission to keep employees on the payroll,” … -
Statement from Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Success of the Paycheck Protection Program
https://www.sba.gov/article/2020/apr/17/statement-secretary-steven-t-mnuchin-administrator-jovita-carranza-success-paycheck-protection-0… regarding the success of the Paycheck Protection Program (PPP): “The Treasury Department and SBA launched the … which will protect a vast number of American jobs. “The PPP enjoyed broad-based participation across the country from … of industries and businesses. From its start on April 3, PPP provided payroll assistance to more than 1.6 million … -
Preventing fraud and identity theft
https://www.sba.gov/funding-programs/loans/covid-19-relief-options/preventing-fraud-identity-theft -
SBA Regional Administrator Rob Scott’s Statement on the Paycheck Protection Program’s Second Round of Funding
https://www.sba.gov/article/2020/may/03/sba-regional-administrator-rob-scotts-statement-paycheck-protection-programs-second-round-funding… part of that effort, from 4 to 11:59 p.m. EDT today, SBA’s PPP loan processing system is only open to lending … entry. “As of this evening, more than 960,000 approved PPP loans totaling nearly $90 billion had been processed via … less than $50 billion in assets have approximately 793,000 PPP loans approved for $63 billion. The average overall PPP … -
The Small Business Administration’s Implementation of Recommended Controls and the Economic Aid Act
https://www.sba.gov/document/report-21-19-small-business-administrations-implementation-recommended-controls-economic-aid-act… controls related to the Paycheck Protection Program (PPP). The Economic Aid Act continued assistance under the PPP for small businesses financially affected by the ongoing coronavirus pandemic. We found SBA implemented the PPP in accordance with the Economic Aid Act with two … -
SBA and Treasury Department Announce $10 Billion for CDFIs to Participate in the Paycheck Protection Program
https://www.sba.gov/article/2020/may/28/sba-treasury-department-announce-10-billion-cdfis-participate-paycheck-protection-program… of Round 2 funding for the Paycheck Protection Program (PPP) to be lent exclusively by Community Development … These dedicated funds will further ensure that the PPP reaches all communities in need of relief during the … for President Trump. “The forgivable loan program, PPP, is dedicated to providing emergency capital to sustain … -
SBA and Treasury Announce Release of Paycheck Protection Program Loan Data
https://www.sba.gov/article/2020/jul/06/sba-treasury-announce-release-paycheck-protection-program-loan-data… the loans made under the Paycheck Protection Program (PPP). This disclosure covers each of the 4.9 million PPP loans that have been made. “The PPP is providing much-needed relief to millions of American … -
Joint Statement by SBA Administrator Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin Regarding Enactment of the Paycheck Protection Program Flexibility Act
https://www.sba.gov/article/2020/jun/08/joint-statement-sba-administrator-jovita-carranza-us-treasury-secretary-steven-t-mnuchin-regarding-0… the enactment of the Paycheck Protection Program (PPP) Flexibility Act: “We want to thank President Trump for … implementing these legislative amendments to the PPP. These modifications will implement the following … for loan forgiveness. Borrowers who have already received PPP loans retain the option to use an eight-week covered … -
COVID-19 Resources for Small Businesses
https://www.sba.gov/blog/covid-19-resources-small-businesses