Stories Tagged as
SBA
Loan forgiveness not coming easily for some PPP borrowers
Aug 31, 2021
So far, more than $27 billion worth of Paycheck Protection Program loans must be paid back.
PPP loan deadline extension would help banks process more applications
by
Justin Ho
Mar 29, 2021
The latest loans have moved more slowly than the previous round, due in part to additional compliance checks to prevent fraud.
Eight weeks in, businesses face hard choices over PPP loans
by
Justin Ho
May 22, 2020
The federal relief loans can be forgiven if businesses spend 75% on payroll within eight weeks. For some businesses, that's a problem.
Small banks worry they're at a disadvantage in new round of SBA loans
by
Justin Ho
Apr 27, 2020
Banks submitting 5,000 or more applications can upload one document. Banks submitting fewer have to enter information manually.