List of Banks Accepting SBA Paycheck Protection Program Loans – Update 1/13/2021
PPP Loan Update: (1/13/2021) SBA, in consultation with the U.S. Treasury Department, opened up the Paycheck Protection Program loan portal on Monday, January 11, 2021…
Community Banks Moved Ahead of The Line For SBA PPP Funding This Evening
Small businesses working with small community lenders moved ahead of the line this evening for about 8 hours in the SBA Payroll Protection Program (PPP)…
IRS / SBA / U.S. Secret Service Warnings of Coronavirus Stimulus Scams And Phishing Attacks
With the coronavirus stimulus packages passed in Washington, scammers and fraudsters see an opportunity to take advantage of people trying to make ends meet or…
Another $250 Billion For SBA Paycheck Protection Program in The Works
The SBA Paycheck Protection Program (PPP) that is part of the $2.2 trillion coronavirus relief legislation (CARES Act) may run out of money before many…
AICPA Provides Recommendations to Small Businesses on Information Required For SBA Paycheck Protection Program Loans – Updated
The American Institute of CPAs (AICPA) recommends a defined set of documents for lenders to rely on as well as some key clarifications in the…
SBA Paycheck Protection Program Plagued With Technical Problems
The rapid rollout of the SBA Paycheck Protection Loan (PPP) program is plagued with technical issues, according to a report from NBC news. The primary…
SBA Received Over 17,000 Paycheck Protection Program Applications on Friday
The SBA’s Paycheck Protection Program (PPP) received over 17,000 completed applications on Friday valued at more than $5.4 billion, according to a tweet from Jovita…
SBA Coronavirus Stimulus Paycheck Protection Plan Loans Face Delays – Update 1
With great urgency and speed, Congress and the Administration passed a $2 trillion coronavirus stimulus bill (CARES Act). It includes about $350 billion in SBA…