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The Paycheck Protection Program was a federal program that paid out $790.9 billion in small business loans during the COVID-19 pandemic.
Alternative PPP Loans: What Are Your Options Now? If a traditional lender won't take your Paycheck Protection Program application, you're not out of luck.
The loans collectively do not represent a huge percentage of the 11.5 million PPP loans the SBA issued across several rounds of the program during the height of the pandemic.
Supporters of Joe Biden's plan to cut student debt have pointed to another program that offered loan write-offs—including some to businesses owned by GOP lawmakers.
The Paycheck Protection Program, which provided emergency loans to small businesses amid the pandemic, will wind down soon. Economists are divided on whether it saved enough jobs to justify its cost.
A new law extends the application for applying for a Paycheck Protection Program loan until August 8. Get the most up-to-date information about common questions on PPP loans and forgiveness.
The PPP forgiveness process is expected to drag out into 2023. Here's how lenders are dealing with delinquent loans.
The potential for the deductibility of PPP-funded expenses raises some practice questions, and traps for the unwary lurk in the details.
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