On Friday, October 9th, the SBA released the new Form 3508S (you can remember the new Form by the poem shown at the end of this article), together with an interim final rule, which is a very nice ...

The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...

On Friday, October 9, 2020, the Small Business Administration (“SBA”) released guidelines for a simpler loan forgiveness process for Borrowers with Paycheck Protection Program loans of $50,000 or less ...

Small-business owners who obtained a Paycheck Protection Program (PPP) loan in 2020 need to pay close attention to their forgiveness period, as the window of time to avoid payments of principal and ...

U.S. lenders issued more than five million forgivable loans through the federal government’s coronavirus aid initiative for small businesses, the Paycheck Protection Program. The Small Business ...

SBA issues interim final rule providing for simplified forgiveness application for recipients of PPP loans of $50k or less. On October 8, 2020, the Small Business Administration (“SBA”) issued an ...

The U.S. Small Business Administration has started forgiving PPP loans of all amounts and cut the number of pages on the forgiveness application for small loans, officials announced Friday. The agency ...