SBA PPP forgiveness rule comes under fire - Dallas Business Journal

Amy Yassigner started Deer Park, Illinois-based Yazz Jazz Music and Productions more than 10 years ago — but is now fighting for its survival.

The problem, known by a coalition of business groups, fair lending groups and lawmakers as the “good faith error” has According to lawmakers and supporters of rescinding the rule, the average good faith error with the program is more than $12,000 — a significant amount for many small businesses. Ken Kimber, director of small business recovery and resiliency at the American Business Immigration Coalition, said that while they firmly believed the PPP helped save many small businesses, the good faith error rule has resulted in broken promises to the most vulnerable.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Passengers less satisfied with DFW airports, study finds - Dallas Business JournalThe study showed travelers less satisfied with Dallas Love Field and Dallas/Fort Worth International Airport but both remained ranked among the best in the country.
Source: DallasBizNews - 🏆 525. / 51 Read more »

New projects in North Texas for Sept. 26 - Dallas Business JournalHere’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Is the 2026 World Cup Final coming to AT&T Stadium? - Dallas Business JournalAn ESPN report says that AT&T Stadium has been selected as the site of the 2026 World Cup Final. Local officials tell WFAA they've heard no such confirmation.
Source: DallasBizNews - 🏆 525. / 51 Read more »