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May 6, 2024 · The Paycheck Protection Program Flexibility Act of 2020 [1] modifies and provides additional flexibility to portions of the PPP to address those needs. These are the key changes in the new act: An extension of time to use funds.
May 14, 2024 · The Paycheck Protection Program Flexibility Act (“PPPFA”) is signed into law, June 5, 2020; SBA released IFR on eligibility of certain telephone cooperatives, June 5, 2020. SBA released IFR on loan forgiveness, May 22, 2020. SBA released IFR on loan review procedures and related borrower and lender responsibilities, May 22, 2020
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What is the Paycheck Protection Program Loan Forgiveness Act?
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May 18, 2024 · Paycheck Protection Program Loan Forgiveness. City National Bank is committed to supporting our local businesses. Through the Paycheck Protection Program, we will assist our clients by providing clear concise information regarding the new forgiveness guidelines. .
May 22, 2024 · Important Loan Forgiveness Update. Clarification was released this week that states businesses must allocate (and demonstrate) 75% of forgivable proceeds for Payroll. Please keep in mind that both the CARES Act and SBA’s written guidance were put together quickly, and we expect there will be additional clarifications and guidance ongoing.
May 13, 2024 · Kabbage Inc. Agrees to Resolve Allegations That the Company Defrauded the Paycheck Protection Program. Monday, May 13, 2024. For Immediate Release. Office of Public Affairs. The Justice Department announced today that now-bankrupt financial technology company Kabbage Inc., doing business as KServicing, has agreed to resolve allegations that it ...
2 days ago · PPP LOAN FORGIVENESS. Need the Resources to Apply for Forgiveness? Find all of the information needed to apply for forgiveness on your existing S&T Bank PPP loan. Learn More About SBA PPP Loan Forgiveness. ALERT – SBA PPP Scam Awareness.
May 2, 2024 · Paycheck Protection Small Business Forgiveness Act. This bill modifies loan forgiveness under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).
