LONG ISLAND (WABC) -- Small business owners across the area have been struggling with the Payroll Protection Program (PPP), whether it be navigating through the complicated application and getting ...
On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...
Many small-business owners are completing their Paycheck Protection Program (PPP) loan applications and are running into common questions and roadblocks. The immediate question right now revolves ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
The Department of Justice continues to focus on pandemic-related fraud. This week, a federal grand jury in the Western District of Tennessee returned an indictment charging ten individuals for their ...
When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
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