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Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP ...
With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...
On April 30, 2020, the Small Business Administration established a new rule for the program that businesses part of a single corporate group could not receive more than $20 million in PPP loans.
Under the PPP, businesses that were part of a single corporate group were not allowed to get more than $20 million in PPP loans under a rule that took effect April 30, 2020. According to the ...
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