Many sought a lifeline in the Paycheck Protection Program (PPP) passed under ... The banks providing the loans have asked recipients to hold off on submitting forgiveness applications, as even ...

The new rules also extend to five years the repayment timeline for loans issued ... for forgiveness. The PPP still comes up short, so get organized for the next program Microbusiness consultant ...

Borrowers who fail to apply for forgiveness before the 10-month deadline will have to make payments on principal, interest and fees for PPP loans. If the relaxed program rules make a PPP loan more ...

Experts say the guidance around PPP loans is clearer this time around, as legislators have worked out many of the kinks of the CARES Act. But with new eligibility and forgiveness requirements ...

A report by the Office of the Inspector General found that the US Small Business Administration did not meet the 90-day statutory requirement to remit Paycheck Protection Program forgiveness payments ...

When a PPP loan is forgiven ... We are not sure. The loan forgiveness application only lists the loan amount. Once this is forgiven the SBA sends the interest to the bank. The farmer never ...

Attorney General Chris Carr announced today that 21 individuals in Mitchell County have been indicted for allegedly ...

Lake Monticello board president Larry Henson urged residents to be patient as the association deals with a potential $646,000 government loan repayment dating back to the COVID era.

By Heather Michon Correspondent Back in April 2020, the Lake Monticello Owners Association (LMOA) was awarded a $646,843 loan under the Paycheck Protection Program (PPP), one of the many government ...