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SBA administrator issues statement on the closure of Paycheck Protection Program

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U.S. Small Business Administrator Isabella Casillas Guzman has issued the following statement on the closure of the Paycheck Protection Program (PPP) to new loan guaranty...

SBA launches portal to begin accepting shuttered venue operators grant applications

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WASHINGTON –The U.S. Small Business Administration launched a splash page for the Shuttered Venue Operators Grant application portal in anticipation of opening applications for...

SBA prioritizes smallest of small businesses in the Paycheck Protection Program

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WASHINGTON – Building on a month of results, the Biden-Harris administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection...

SBA approves 60,000 Paycheck Protection Program loans in first week

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WASHINGTON – The U.S. Small Business Administration announced that it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for over...

SBA forgives 1.1M Paycheck Protection Program loans so far, totaling over $100B

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Small borrowers make up vast majority of forgiveness applicants WASHINGTON – The U.S. Small Business Administration has already forgiven more than 1.1 million Paycheck Protection Program loans for...

SBA reopens Paycheck Protection Program to small lenders, Jan. 15, and all lenders, Jan....

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WASHINGTON – The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, reopened the Paycheck Protection Program loan portal to PPP-eligible lenders with $1...

SBA and Treasury announce PPP reopening, issue new guidance

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WASHINGTON – The U.S. Small Business Administration, in consultation with the Treasury Department, announced that the Paycheck Protection Program reopened Jan. 11 for new borrowers and...

With loan money gone, restaurants are at mercy of coronavirus

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NEW YORK (AP) — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets. Government coronavirus loans in...

Governors’ companies receive coronavirus relief loans

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Julie Carr Smyth, The Associated Press Governors who ordered shutdowns as their states responded to the coronavirus pandemic were among millions of beneficiaries of the loan...

SBA and Treasury announce new EZ and revised Full Forgiveness applications for the Paycheck...

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WASHINGTON— The U.S. Small Business Administration, in consultation with the Department of the Treasury, has posted a revised, borrower-friendly Paycheck Protection Program loan forgiveness...