US banks seek guidance on PPP loan forgiveness - Business Insider - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

While banks may be frustrated by the red tape of determining what recipients qualify for forgiveness, pressure to speed up the process rests on the SBA

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing. You can learn more about subscribing here.

Likely adding to the confusion are the recent changes to the PPP made by the federal government to make attaining forgiveness easier. Changes signed into law on June 5 under the included increasing the portion of a business's loan that can go toward nonpayroll costs from 25% to 40%; extending payment deferral periods; and extending the deadline by which PPP loans have to be spent from 8 weeks after disbursement to 24 weeks after disbursement or December 31, 2020, whichever is earlier.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

An inside look at Stanford's mental health innovation course - Business InsiderAn inside look at Stanford's one-of-a-kind course on mental health innovation, where students mingle with industry experts and develop business plans aimed at revolutionizing the healthcare industry (by AnikaNayak)
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Facebook drops censorship tools for Workplace - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. So deleteFacbook Ohhhh you can’t because you love being in everyone’s business.... 😂
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Deutsche Bank: Investor demand for US dollar might be waning - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

You might qualify for PPP and there's $130B left to claim this week - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Foia
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

SUCCESS INSIDER: Here's what we really need to dismantle systemic racism in the office - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Until 🧑🏾‍🦱👩🏽 understand how the 'system' REALLY works, we’ll ⭕️ the same drains again and again. Tis true. LuciferianAgenda 🔥👹🔥TraumaBasedMindControl SatanicRitualAbuse Must read 📚, found here:
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

How small businesses can make remote work successful - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »