The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that were ...

The Paycheck Protection Program (“PPP”) began with rushed legislation and a race for financial support in the middle of a pandemic. This race was hardly a straight line as the Small Business ...

The U.S. Small Business Administration recently said the Payroll Protection Program exhausted loan money available to traditional banks -- weeks before the planned May 31 cutoff date. U.S. Small ...

The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...

The Paycheck Protection Program (PPP) was designed to help small businesses keep their doors open and employees paid during the height of the pandemic, and it was likely a huge factor in helping our ...

“Those Costco runs were lifesavers,” says Bill Briggs, of the early days of the Paycheck Protection Program, a forgivable loan offering that’s helped millions of U.S. small businesses access about ...

As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...

If you applied for a PPP loan–particularly early on in the program’s history–you probably know that having a sturdy banking relationship proved vital for landing a forgivable loan. While the program ...

The SBA, in consultation with the Department of Treasury, has announced that it is reopening its portal for first draw and second draw PPP applications to all eligible PPP lenders today, January 19, ...

The Paycheck Protection Program, a key part in the federal government's economic response to the coronavirus, is nearly out of funding. Only $8 billion remains in the program, which has distributed ...

COVID-related shutdowns and restrictions have hit small businesses particularly hard. Many of them have closed permanently, while others are hanging on by their fingernails. Fortunately, there is some ...

But the program, which tasked banks and other private lenders with processing applications, was beset by fraud from its earliest days in the spring of 2020, with some recent estimates suggesting that ...