PPP

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.

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.

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.

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.

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.

More From This Topic

Stimulus

You Now Have An Extra Week to Return Your SBA PPP Loan (Updated)

If your business accepted government-backed stimulus funds in error, you have until May 18 to make good.
News and Trends

News Organizations Sue SBA for Refusing to Reveal Which Companies Received PPP

It has reportedly been ignoring Freedom of Information Act requests from the 'New York Times' and others.
Recovery

PPP Loan Developments: Only $120 Billion Left, Favorable Forgiveness Guidance from SBA and IRS Tax Pitfall

Round 2 of small-business funding is winding down, and business owners are now facing tough decisions.
News and Trends

U.S. Lawmakers Blast 5 Large Corporations for Taking $50 Million Meant for Small Businesses. Only One Is Returning the Money.

House lawmakers on Friday demanded five large, publicly traded companies return the $10 million loans they received that were meant for small businesses.
Stimulus

Self-Employed With No Employees? You Can Still Get a PPP Loan

Here is some clarity for frustrated sole proprietors across America.
PPP

Your Employer Just Received a PPP Loan -- Here's What That Means for You

Does your company getting a PPP loan have any effect on you? Experts say it depends.
Crisis Management

PPP Forgivable Loans Will be Unforgiving for Many

Business who don't bring back their entire workforce will have their eligible forgiveness amount reduced.
News and Trends

L.A. Lakers Latest Private Company to Return PPP Funds

The $4.4 billion basketball team is giving back its $4.6 million loan, but they aren't the only non-public business to backpedal.
Recovery

PPP Is Back With $310 Billion in Additional Funding, But Small-Business Owners Must Act Fast

The new round will go even quicker, so those who missed out must choose the right bank and move immediately.
Recovery

How to Get Second-Round PPP Funds as a Sole Proprietor

It's finally time for Schedule C applicants to vie for Paycheck Protection Program money.