forgivable

Mnuchin: SBA PPP Loans Over $2M Face Audits Before Forgiveness
Mnuchin: SBA PPP Loans Over $2M Face Audits Before Forgiveness
April 29, 2020  |  Loans

Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury...

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Treasury Directs Public Firms To Return Small Business PPP Money
Treasury Directs Public Firms To Return Small Business PPP Money
April 24, 2020  |  Loans

The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if...

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SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
April 23, 2020  |  Loans

Some small businesses that received forgivable loans under the Paycheck Protection Program (PPP) say they won’t be able to rehire every employee laid off during...

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