Businesses that received Paycheck Protection Program (PPP) loans of $150,000 or less through participating lenders can apply for loan forgiveness online through the U.S. Small Business Administration.
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA loans must be repaid in full.
CHICAGO (WLS) -- New guidance from the federal government on Payroll Protection Program loans is leaving some small business owners with even more questions. PPP loans can be forgiven if all the rules ...
ABC 7, Washington D.C.: Richard K. Gordon, director of the Financial Integrity Institute and professor of law, said the Payroll Protection Program application process itself created opportunity for ...