SBA PPP loan forgiveness update for 'good faith' errors - San Francisco Business Times

📆 13/02/2023 06:00:00
📰 SFBusinessTimes

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 68%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Outside groups lobbied the SBA for months in 2022 on behalf of what they said were 300,000 business owners that may have been impacted.

The Small Business Administration will not make exceptions to its Paycheck Protection Program loan forgiveness rules for businesses that made honest mistakes on their applications.

left many business owners on the hook for errors they or their lender made when applying for PPP loans The SBA had previously estimated there were 304,384 PPP loans with excess loan amount errors of $3.775 billion, for an average excess loan amount error of $12,403. But those business owners will not see relief under the current rules.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

SBA PPP loan forgiveness update for 'good faith' errors - Jacksonville Business JournalOutside groups lobbied the SBA for months in 2022 on behalf of what they said were 300,000 business owners that may have been impacted.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »

SBA finalizing its 7(a) lending expansion rule - Silicon Valley Business JournalThe SBA is finalizing a rule that could open up one of its most popular lending programs to new lenders, but not everybody is happy about it. Here's what businesses need to know.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »