Tag Archives: Small Business Administration

New PPP rules from SBA aimed at clarifying loan forgiveness

getty The U.S. Small Business Administration, which manages the Payroll Protection Program (PPP), began applying for loan relief on August 10th. Just two weeks later, the bureau, in conjunction with the Treasury Department, issued additional guidelines on forgiveness of designed pandemic loans to keep workers on payroll. If you are …

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Why was the program always at risk of fraud?

The Reddit questions and threads began within days of the publication by the United States Small Business Administration of the names of thousands of companies that received loans under the Federal Salary Protection Program. Why, they asked, did a youth baseball league in Lafayette need a federal loan of $ …

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