Here’s What to Do If You Are Denied PPP Loan Forgiveness
If you were denied for all or part of the money on your PPP loan forgiveness application, your appeal must be timely. You have 30 days to appeal.
PPP Loans
How to Avoid PPP Loan Forgiveness Common Mistakes
You might have to pay back a portion of your PPP money, even if your business completely qualifies for forgiveness.
In the News: PPP Loan Forgiveness Portal Has Over 1 Million Applicants
Less than two months after the Small Business Administration (SBA) opened its PPP Loan Forgiveness Portal, it announced over one million small businesses have applied.
A Million Small Businesses Have Applied for PPP Loan Forgiveness with SBA Portal
The Small Business Administration’s (SBAs) PPP Loan Forgiveness Portal has accepted one million applications in less than two months.
Pennsylvania Business Owner Being Forced to Pay Back PPP Loan Because Bank Overextended
A small Pennsylvania business is being forced to pay back part of the PPP loan it received from PNC Bank after it was forgiven.
More than 340,000 Small Businesses Use PPP Loan Forgiveness Tool in its First 2 Weeks
The SBA says more than 340,000 small businesses used the PPP loan forgiveness tool in its first two weeks as more businesses apply.
First PPP Loan Forgiveness Application Deadline Looms
If you got a Paycheck Protection Program loan during the first draw, your deadline for applying for forgiveness is August 30, 2021.
52% of Small Businesses Haven’t Asked for PPP Loan Forgiveness
With 52% of small businesses not having asked for PPP loan forgiveness, they need to take advantage of the high approval rates and apply.
In the News: The SBA Opens PPP Direct Forgiveness Portal
In this news this week the SBA has opened a PPP Loan Forgiveness portal to help small businesses close out their accounts with the Paycheck Protection Program.
PPP Loan Forgiveness Portal Now Open
The new application portal streamlines applications for loans that are $150,000 or less for more than 6.5 million businesses.
In the News: PPP Closes and Small Business Loan Approval Rates Increase
The Paycheck Protection Program (PPP) provided many small businesses with much-needed funds during the pandemic, but the program has now come to an end.
Small Business Loan Approval Rates Increase as PPP Closes
The end of the Paycheck Protection Program (PPP) is here, and this means businesses are going to look for funding from traditional sources.
