On October 31, 2020, the SBA released new forms and related instructions requiring borrowers with PPP loans of $2 million or more to provide additional information related to their PPP loans. Titled ...
On October 31, 2020, the U.S. Small Business Administration (“SBA”) published a Notice in the Federal Register seeking approval from the Office of Management and Budget for the collection of ...
Applying for Paycheck Protection Program loan forgiveness is about to get easier for bigger borrowers. After months of requiring financial documentation proving need from borrowers with PPP loans of ...
Learn what happens when you can't pay back your small business loan from the SBA.
On Friday, October 9th, the SBA released the new Form 3508S (you can remember the new Form by the poem shown at the end of this article), together with an interim final rule, which is a very nice ...