Small businesses fortunate enough to get their Paycheck Protection Program (PPP) loans forgiven will forfeit some tax breaks, according to new rules from the Internal...
JPMorgan Chase and Bank of America said they processed almost 500,000 applications totaling roughly $46 billion as part of the Paycheck Protection Program intended to...
JPMorgan Chase & Co. told its small business clients that the New York financial services company has submitted 220,000 applications this week to the Paycheck...
For the first time since a small business loan program was launched, small lenders have been moved to the front of the line. Get the...
Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin...
An industry trade group said it’s highly likely that many restaurants will return loans from the U.S. Small Business Association’s (SBA) bailout program, the Financial...
Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury...
From the ongoing saga that is the Payroll Protection Program (PPP), we’ve quickly learned that $349 billion is just a down payment on a revivified...
U.S. Treasury Secretary Steven Mnuchin said he never “in a million years” expected that the Los Angeles Lakers would take a multi-million-dollar federal loan intended...