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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans

Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...
ABC 7 Chicago

New PPP loan forgiveness guidance leaves some Chicago small businesses with more questions

CHICAGO (WLS) -- New guidance from the federal government on Payroll Protection Program loans is leaving some small business owners with even more questions. PPP loans can be forgiven if all the rules ...
SFGate

SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements

The SBA released its Paycheck Protection Program (PPP) Loan Forgiveness Application and clarified a few critical definitions and documentation requirements in their instructions. The forgiveness ...

U.S. govt simplifies forgiveness process for smallest pandemic aid loans

The U.S. government will greatly simplify the process by which borrowers of a $525-billion-pandemic-relief fund do not have to repay some of the smallest loans, the Department of Treasury said.

U.S. SBA says has forgiven over 1.1 mln PPP loans for more than $100 bln

The U.S. Small Business Administration (SBA) said on Tuesday it has forgiven more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, adding that "small borrowers" make up ...
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What Was Third-Round Paycheck Protection Program (PPP) Funding?

Third-round PPP funding was offered to help employees and keep businesses afloat Reviewed by Doretha Clemon Fact checked by Michael Rosenston The Consolidated Appropriations Act of 2021 (CAA) was ...