If you are a small business looking for financing, you’ve likely heard of SBA loans. These are loans backed by the Small Business Administration (SBA) and administered through local lenders. The most ...

SBA loans are small business loans partially guaranteed by the government. These loans often have more favorable rates and longer repayment terms than other business financing options and are offered ...

On October 31, 2020, the SBA released new forms and related instructions requiring borrowers with PPP loans of $2 million or more to provide additional information related to their PPP loans. Titled ...

The withdrawal of the form could dramatically speed up the forgiveness process for larger loans. The Small Business Administration has officially withdrawn the use of a controversial Paycheck ...

Small businesses needing help in the wake of COVID-19’s mandatory shutdown can get local help applying for federal aid. The U.S. Small Business Administration is currently offering “targeted ...

On April 23, the Small Business Administration (SBA) informed borrowers, via Question #31 in the Paycheck Protection Program (PPP) Frequently Asked Questions (FAQ), that “all borrowers must assess ...

The SBA just issued much-awaited guidance, allowing borrowers to claim forgiveness of their Paycheck Protection Program (“PPP”) loans. The new guidance implements the single most enticing aspect of ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. At issue are a host of questions that the SBA is now asking ...

Businesses and not-for-profits that received $2 million or more in Paycheck Protection Program (PPP) loans must complete one of two new loan necessity questionnaires being sent to lenders by the U.S.