PPP

News and Trends

How Will The Second Round of Government Stimulus Actually Help Me or My Business?

We spoke with an employer-compliance expert to find out what lies between the lines of the proposed HEALS and HEROES Acts.

New Legislation Would Grant Automatic Forgiveness of PPP Loans Under $150,000

The smallest of small businesses may be able to avoid hassling with additional documents, worksheets and payroll/tax forms.

The CEO of a Company That Owns More Than 100 Wendy's Allegedly Used $1 Million in PPP Loans on a New House in Montana

Sandi Adler, a former vice president at Starboard, claims she was fired after taking issue with CEO Andrew Levy's plans to "defraud the United States and the Small Business Association."

SBA and Treasury Release Names of PPP Loan Recipients

After months of calls for more transparency, information is made public about the nearly five million businesses that have benefited from the Paycheck Protection Program. Though questions will remain.

Has There Been $1 Billion in PPP Fraud?

A recent watchdog report found "significant risk" for fraud in the PPP. We spoke to a risk-management expert who identified the scope of the problem, and how to zero in on the seasoned fraudsters.

More From This Topic

Money

3 Federal Loan Programs You Can Take Advantage of Right Now

Set up your business to survive this pandemic and future crises.
SBA

Still Need PPP? This SBA Tool Will Match You With Lenders In 2 Days

The Lender Match tool is part of the SBA's efforts to fund minority, rural and other underserved small businesses owners before the PPP ends on June 30.
Stimulus

SBA Releases New EZ PPP Loan-Forgiveness Application

And it appears many business owners may qualify for it.
Recovery

New PPP Law Extends 8-Week Period and Reduces Percent Payroll Cost Rule

Senate passes House bill that eases restrictions on how long businesses have to spend funds and how they can allocate them.
Recovery

5 Strategies for Avoiding PPP Legal Blunders

The federal government has sought to relieve the burden placed upon the economy with the CARES Act, but business owners should keep careful records of how they use relief funds.
Recovery

The SBA Gives $6.8 Billion in PPP to Business Owners of Color

The Small Business Administration is giving additional PPP funds to Community Financial Development Institutions, which lend to small businesses in underserved communities.
Recovery

Which Public Companies Have Returned Their SBA PPP Loans? (Updated)

A slew of multi-million-dollar businesses have been granted government recovery funds, to much controversy. Here are the ones who've given the money back.
Stimulus

SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements

There is now improved guidance on calculation methods, definitions of forgivable expenses and the documents that must be submitted with the forgiveness request.
Stimulus

Today Is Officially the Deadline for Companies to Return Their SBA PPP Loans

Businesses that received big bucks from the government stimulus fund are on the clock. And that could mean more money available for everyone else.
Stimulus

Should I Return My Small-Business Loan? (Updated)

It's a good question. And with the SBA PPP deadline looming, we sought out an expert to answer it.