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Tag: Economic Aid to Hard-Hit Small Businesses

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

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 and Treasury announce PPP reopening, issue new guidance

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...