paycheck protection program

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Berkshire Eagle

SBA to open Paycheck Protection Program forgiveness portal

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...
NBC 6 South Florida

Business Owners Expecting Paycheck Protection Loan Forgiveness Can't Deduct Expenses

Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...
JD Supra

Christopher Peterson

The Paycheck Protection Program (PPP), originally part of the March 27, 2020, CARES Act, has undergone several changes since its inception, including June’s PPP ...
JD Supra

Jenny Liu

The American Rescue Plan Act of 2021 permits Shuttered Venue Operators to apply for both Paycheck Protection Program loans and Shuttered Venue Operator Grants. The American Rescue Plan Act, signed ...
The Business Journals

Forget forgiveness, PPP loan recipients mull options to use or hoard the money

As the second round of the federal Paycheck Protection Program (PPP) gets underway, there's growing concern among small businesses that the forgiveness clause tied to the initial loan agreement may ...