PPP “Loan Necessity” Form Causes a Stir
A questionnaire asking borrowers to justify their $2 million-plus Paycheck Protection Program loans is confusing and burdensome, says the AICPA.
Fed Study Questions Paycheck Protection Loans
Fed economists said there was actually a negative correlation between COVID-19 cases per capita and the share of small firms getting PPP funding.
Businesses Need Swift, Aggressive Action: U.S. Chamber of Commerce
Congress, President must act quickly to combat the economic disruption of the COVID-19 outbreak, says the business group.
SBA Programs Hurt by Shutdown
The government shutdown, now in its 28th day, is creating a backlog of loan approvals.
How Federal, State, Local R&D Incentives Are Supporting Startups
As a finance executive, you should consider all opportunities offered by the states and communities to ensure you aren’t leaving anything on the table.
Big Appetite for Small Loans
Demand for the Small Business Administration’s popular 7(a) loans reaches an all-time high.
SBA Approves Record $19B in 7(a) Loans
The number of approved government-backed loans also rose, to 52,044, up 12%.
SBA Extends Fee Relief on Small-Dollar Loans
Working capital loans of $150,000 or less will incur no upfront guaranty fee or annual servicing fee.
SBA Expands Loan Access
A new Small Business Administration rule will make it easier for companies to secure government-backed loans.