The SBA sent a letter yesterday to all participating Community Financial Institutions (CFI) explaining what they need to do to wind up their PPP lending efforts. The letter states that a lender must withdraw any PPP application still pending with... (More)
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Fallout from the Small Business Administration’s Paycheck Protection Program loan could last for years as the agency works through billions of dollars in forgiveness applications and inevitable appeals. https://bit.ly/3tBpuFM
With just over $50 billion still available in the Paycheck Protection Program, Senate lawmakers on Tuesday introduced a new bill that would make good on a Biden administration promise to get more money into the hands of solopreneurs. https://www.inc.com/diana-ransom/ppp-retroactivity-solopreneurs-sole-proprietors-self-employed.html