Business

SBA Provides Safe Harbor for PPP Loans Under $2 Million

Businesses and Non-Profit Organizations that together with their affiliates accepted Paycheck Protection Program (PPP) funds of less than $2 million will be assumed to have performed the required certification concerning the necessity of their loan requests in good...

Why Didn’t I Get My Paycheck Protection Program Loan?

You may have been one of the businesses that pounced on the hastily assembled Paycheck Protection Program in hopes of getting a loan. Many businesses succeeded, but some did not, and it's not always clear why. If you didn't, here are some clues why. Your first call...

Documentation for PPP Loan Expenditures

As of now, it is unclear what specific documentation will be required when you approach your bank to request forgiveness of your PPP loan. Unless the SBA follows up with more guidance, individual banks could have different standards when it comes to documentation...

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