Forgivable news and trends

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

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 they can’t prove they were eligible for a loan.  Get the Full Story Complete the form to unlock this article...

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

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 the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Quick Reads
Mnuchin: SBA PPP Loans Over $2M Face Audits Before Forgiveness

April 29, 2020
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 Secretary Steven Mnuchin said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

Treasury Directs Public Firms To Return Small Business PPP Money

April 24, 2020
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 they can’t prove they were...

SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring

April 23, 2020
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 the coronavirus pandemic. Get the...