WebFeb 15, 2024 · PPP Loans: An Overview. The Paycheck Protection Program (PPP) is a loan program that provides businesses with funds to cover payroll costs, rent, utilities, … WebJan 14, 2024 · PPP loan proceeds (including PPP loans made prior to December 27, 2024, as long as the SBA has not already remitted a loan forgiveness payment to the lender with respect to the loan) may be used to pay for goods that are essential to the borrower’s operations, investments in facility modifications, personal protective equipment required …
WebJan 11, 2024 · But restaurants and lodging businesses may now apply for loans equal to 3.5 times monthly payrolls. No loan, however, may exceed $2 million, down from the previous … WebApr 12, 2024 · The U.S. Small Business Administration (SBA or Agency) is amending its business loan program regulations to lift the moratorium on licensing new Small Business Lending Companies (SBLCs) and add a new type of lending entity called a Community Advantage SBLC. SBA is also removing the requirement... e 8 in the navy
Coronavirus Deal Would Give Small Businesses a Shot at Second PPP Loan …
WebApr 12, 2024 · The U.S. Small Business Administration (SBA or Agency) is amending its business loan program regulations to lift the moratorium on licensing new Small … WebMay 27, 2024 · Business owners need to fill out a PPP loan application — SBA Form 2483 for first-draw loans and SBA Form 2483-SD for second-draw loans — and gather all … WebIn June 2024, Beret Kirkeby was pregnant, bills were piling up, and she needed cash fast for her New York City-based massage therapy business, Body Mechanics Orthopedic Massage.That's when she ... e8 lady\u0027s-thistle