With the Paycheck Protection Program (PPP), we’ve come to expect a lot of substantial changes. Yesterday evening we got another surprise from the Small Business Administration (SBA). It released ...

Note: This article addresses the changes to the Paycheck Protection Program (“PPP”) as reflected in the Consolidated Appropriations Act, 2021, signed by President Trump on December 27, 2020.

The program was set to wrap up May 31. The SBA said it will still fund loans that are already in the application process, but will not be taking new applications.

Nationally, the program has already approved about $537.4 billion, representing about 4.4 million applications between both the first and second round of the program.

If you’re a small business owner flummoxed by the 11-page PPP loan forgiveness application the SBA released in late May, take a deep breath. It's about to get easier.

Small business owners who applied for the Paycheck Protection Program (PPP) have a chance to have the loan forgiven by filling out the recently released Loan Forgiveness Application. Despite the ...

Key Takeaways A third round of Paycheck Protection Program (PPP) loans was authorized by the passage of H.R. 133—Consolidated Appropriations Act, 2021 into law on Dec. 27, 2020.

In March, the loan limit for the EIDL program was raised to $500,000, up from the $150,000 that many companies had found limiting. The application takes about 20 minutes to fill out, Austin said.