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Small Business Administration

SBA Releases Simplified PPP Loan Forgiveness Application
Posted on
SBA Releases Simplified PPP Loan Forgiveness Application
By Vincent Salandro

The new application attempts to streamline the loan forgiveness process and... More

Tags: Loans, Small Business Administration, Covid-19
Senate Republicans Introduce $1 Trillion COVID-19 Relief Bill
Posted on
Senate Republicans Introduce $1 Trillion COVID-19 Relief Bill
By Vincent Salandro

The HEALS Act includes an expanded Paycheck Protection Program, business liability... More

Tags: Business, Tax Credits, Legislation, Small Business Administration, Covid-19
Construction Industry Has Received $64.6 Billion in PPP Loans
Posted on
Construction Industry Has Received $64.6 Billion in PPP Loans
By Vincent Salandro

Over 460,000 firms across the nation received loans as part of the federal program. More

Tags: Loans, Small Business Owners, Small Business Administration, Covid-19
Senate Passes Legislation to Extend PPP Through August 8
Posted on
Senate Passes Legislation to Extend PPP Through August 8
By Vincent Salandro

The legislation extending the Paycheck Protection Program was signed by President... More

Tags: NAHB, Legislation, Small Business Administration, National Association of Home Builders, Covid-19
Clarity Comes to the Paycheck Protection Program's Loan Forgiveness Rules
Posted on
Clarity Comes to the Paycheck Protection Program's Loan Forgiveness Rules
By Vincent Salandro

New applications reflect new interim rule that clarifies which expenses are... More

Tags: Workforce, Finance, Business, U.S. Department of the Treasury, Small Business Administration
Revised Paycheck Protection Program Loan Forgiveness Application Published
Posted on
Revised Paycheck Protection Program Loan Forgiveness Application Published
By Vincent Salandro

Small Business Administration also published an ‘EZ’ version of the forgiveness... More

Tags: U.S. Department of the Treasury, Small Business Administration, Covid-19
SBA and Treasury Release PPP Loan Forgiveness Application
Posted on
SBA and Treasury Release PPP Loan Forgiveness Application
By Vincent Salandro

In order to reap the loan forgiveness benefit of the Paycheck Protection Program,... More

Tags: Business, Loans, U.S. Department of the Treasury, Small Business Administration, Covid-19
SBA and Department of the Treasury Release PPP Loan Forgiveness Application
Posted on
SBA and Department of the Treasury Release PPP Loan Forgiveness Application
By Vincent Salandro

The form advises borrowers on how to apply for forgiveness of their PPP loans... More

Tags: Business, Loans, U.S. Department of the Treasury, Small Business Owners, Small Business Administration
SBA Extends Safe Harbor Deadline to Repay PPP Loans
Posted on
SBA Extends Safe Harbor Deadline to Repay PPP Loans

The safe harbor deadline has been shifted from May 7 to May 14. More

Tags: Loans, U.S. Department of the Treasury, Small Business Owners, Associated General Contractors of America, Small Business Administration
IRS Denies Tax Deductions for Wages and Rent Paid With Forgivable PPP Loans
Posted on
IRS Denies Tax Deductions for Wages and Rent Paid With Forgivable PPP Loans
By Vincent Salandro

How tax rules for the typical business-related loan are reversed under the... More

Tags: Loans, Internal Revenue Service (IRS), Grants, Small Business Administration, Covid-19
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