WebSep 22, 2024 · The Paycheck Protection Program (PPP) has been vital for U.S. small businesses that have lost revenue due to the COVID-19 pandemic. Perhaps even more … WebAug 5, 2024 · The PPP Loan Forgiveness Portal is now open. The Paycheck Protection Program Direct Forgiveness Portal is a US Small Business Administration (SBA) initiative. The new application portal streamlines applications for loans that are $150,000 or less for more than 6.5 million businesses.
Hurry: The SBA Is Launching a Fast Forgiveness Portal
WebAug 21, 2024 · While Cross River Bank had been doing massive amounts of work helping small businesses get Paycheck Protection Program (PPP) loans at the beginning of the pandemic, there are concerns about... Webauthority to make PPP loans through March 31, 2024, revising certain PPP requirements, and permitting second draw PPP loans. This interim final rule consolidates prior rules related to forgiveness and reviews of PPP loans and incorporates changes made by the Economic Aid Act, including with respect to forgiveness of second draw PPP loans. rat\\u0027s 3x
3 Essential PPP Loan Forgiveness Rules to Follow
WebJust reached out again to the lender, Scratch, as it has been 94 days and no decision from SBA. This was their response, "Due to the influx of forgiveness applications, their turn around time of 90 days has extended. Once the SBA returns your application, we will credit your account accordingly and send an update to your email address on file." 1 WebIf you received a Paycheck Protection Program loan, start preparing for loan forgiveness today. Explore loan forgiveness How to run your business during COVID-19 Going back to work Reopening your business Best practices for remote work Tips for safe travel Suggestions for virtual events Stay prepared WebPPP Loan Forgiveness Application Form 3508EZ Revised July 30, 2024 _____ I have submitted to the Lender the required ocumentation verifying payroll d costs, the existence of obligations and service (as applicable) prior to February 15, 2024, and elig ible business mortgage interest payments , business rent or lease payments , ... dr. tito izard milwaukee