Yahoo Web Search

Search results

  1. Paycheck Protection Program. An SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.

    • PPP Lender Information

      On February 22, 2021, President Biden announced the...

    • PPP Data

      SBA is working to ensure fair and equitable access to its...

    • Business Guide

      A locked padlock) or https:// means you’ve safely connected...

  2. Funds will be made available following a successful application. This loan advance will not have to be repaid. If a business received an Economic Injury Disaster Loan advance in addition to a Paycheck Protection Program (PPP) loan, the amount of the Economic Injury Disaster Loan advance will be deducted from the PPP loan forgiveness amount by SBA.

  3. People also ask

  4. The Paycheck Protection Program Flexibility Act of 2020, which became law on June 5, 2020, extended the covered period for loan forgiveness from eight weeks after the date of loan disbursement to 24 weeks after the date of loan disbursement, providing substantially greater flexibility for borrowers to qualify for loan forgiveness.

    • 440KB
    • 22
  5. Frequently Asked Questions (FAQs) on PPP Loan Forgiveness . The Small Business Administration (SBA), in consultation with the Department of the Treasury, is providing this guidance to address borrower and lender questions concerning forgiveness of Paycheck Protection Program (PPP) loans, as provided for under section 1106 of the Coronavirus

  6. If your PPP lender is one of the more than 1,400 participating in the SBA’s direct forgiveness program you can apply using the SBA’s PPP Direct Forgiveness Portal. (See a list of participating ...

  1. People also search for