by Editorial Staff | Nov 30, 2021 | Coronavirus (COVID-19), Paycheck Protection Program, Small Business Administration
On November 24th, 2021, the Small Business Administration (SBA) released a fact sheet sharing details of one of its COVID-19 recovery programs, the COVID Disaster Loan program. Generally, the Economic Injury Disaster Loan program (EIDL) assists businesses, renters,...
by Editorial Staff | Apr 6, 2021 | Biden Administration, Paycheck Protection Program, POTUS
On March 30th, 2021, President Joseph R. Biden signed the PPP Extension Act of 2021. The new bill extends the Paycheck Protection Program (PPP) application deadline to May 31st, 2021. Previously, the deadline for PPP applications expired on March 31st. The PPP...
by Editorial Staff | Mar 22, 2021 | OSHA, Paycheck Protection Program
In January 2021, the Consolidated Appropriations Act of 2021 (CAA) revised the Paycheck Protection Program (PPP), including PPP loan forgiveness. Later, in February, the Small Business Administration (SBA), which administers PPP loans, issued an interim final rule,...
by Editorial Staff | Feb 23, 2021 | Biden Administration, Paycheck Protection Program
On February 22nd, the White House announced updates to the Paycheck Protection Program (PPP) involving PPP eligibility for small businesses. For example, in the new fact sheet (Fact Sheet), the Biden Administration (Administration) outlines a proposal that includes...
by Editorial Staff | Feb 16, 2021 | Paycheck Protection Program, Small Business Administration
On February 10th, 2021, the U.S. Small Business Administration (SBA) announced new steps to improve the Paycheck Protection Program (PPP). According to the SBA, these updates allow small businesses to access PPP funds to stay afloat through the pandemic. The updates...
by Editorial Staff | Jan 12, 2021 | Coronavirus (COVID-19), Paycheck Protection Program, Small Business Administration
On January 8th, 2021, the Small Business Administration (SBA) made an announcement regarding updates to the Paycheck Protection Program (PPP). The U.S. Department of the Treasury also consulted on the press release. The final version of the Consolidated Appropriations...