After relaunching the Paycheck Protection Program to select lenders on January 11, today is the first day that second-draw PPP borrowers–that is, those who’ve already exhausted a first PPP loan–will ...

The Forgiveness IFR consolidates, restates and clarifies prior SBA regulations governing loan forgiveness, while also updating those rules to incorporate changes effected by the Economic Aid Act. The ...

The PPP borrower application form was made available at SBA.gov on Dec. 31. After months of deliberation, a $908 billion COVID-19 relief package (hereafter referred to as “the act”) was passed as part ...

The Paycheck Protection Program, or PPP, created by the passing of the Coronavirus Aid, Relief, and Economic Security, or CARES Act, in March 2020, has brought much needed relief to the restaurant ...