SBA: Page 2

Business News

President-Elect Joe Biden Reportedly Selects Isabel Guzman to Head Small Business Administration

The agency has been crucial in administering Paycheck Protection Program loans.

Buying / Investing in Business

5 Strategies for Reducing Overall Business Debt

It's all about finding a healthy balance in today's economy.

Money & Finance

How to Finance an Acquisition Using an SBA Loan

If you want to buy another business, don't let a lack of capital hold you back.

Legal

SBA Approves Simple 1-Page PPP Forgiveness Application for Loans of $50,000 or Less

The new guidelines remove calculation requirements and simplify supporting-document rules.

Thought Leaders

His Criminal Record Disqualified Him From Receiving PPP. So He Pushed Back, and Got the Rules Changed.

Troy Parker's cleaning and construction business hires returning citizens who struggle to find work elsewhere. When he was told he was ineligible for stimulus funds because of mistakes he already paid for, he started making calls.

Debt / Loans / Refinancing

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.

Debt / Loans / Refinancing

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.

Debt / Loans / Refinancing

SBA Releases New EZ PPP Loan-Forgiveness Application

And it appears many business owners may qualify for it.

Legal

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.

Debt / Loans / Refinancing

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.

Debt / Loans / Refinancing

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.

Operations & Logistics

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.

Legal

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.

Business News

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.

Debt / Loans / Refinancing

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.