Late on April 6, and during the day on April 8, 2020, the Small Business Administration (SBA), in consultation with the Department of Treasury, issued Frequently Asked Questions (FAQs) on the Paycheck ...

Update (May 14): In FAQ #46 on the Paycheck Protection Program, the SBA states it will not audit companies on the necessity (hardship) certification if the PPP loan amount is under $2 million, though ...

The CARES Act, which was enacted on March 27, 2020, implemented the Paycheck Protection Program ("PPP"), which allows small businesses to receive a forgivable loan of up to two and a half times their ...

These questions were submitted by participants at our April 6 webcast "What the bailout means for small-business owners." For more on federal relief loans for business owners, please see our Crain’s ...

When Congress enacted the CARES Act, and originally allocated $350 billion to save small businesses via the bipartisan Payroll Protection Plan (“PPP”) loan program, it did so while proudly proclaiming ...

Some businesses still have concerns about PPP's constantly changing guidelines to gain loan forgiveness. Just before extending the deadline for returning Paycheck Protection Program money to May 18, ...

Here are eight of the most frequently asked questions and his answers. Should I apply for a disaster assistance (EIDL) or a regular SBA loan? There are pros and cons to both. The disaster assistance ...