Paycheck Protection Program launched amid confusion, conflicting guidance

The U.S. Treasury Department has released new guidance on Paycheck Protection Program loans, essentially offering a safe harbor for loans under $2 million in relation to their certification of eligibility......»»

The U.S. Treasury Department has released new guidance on Paycheck Protection Program loans......»»

Updated guidance from the U.S. government suggests that about half of the PPP loans given to public companies don’t need to be returned......»»

Additional guidance on this is still forthcoming but many familiar with the Paycheck Protection Program say it might not be advisable unless circumstances are correct......»»

The government is approaching the $349 billion lending limit on its Paycheck Protection Program that is funneling to the nation’s small businesses. The Small Business Administration says that as of... To view the full story, click the title link......»»

The Associated General Contractors of America today announced that the Trump administration released new guidance that now allows firms with 500 or fewer employees to qualify for the new Payc.....»»

The process of attempting to get an emergency loan through the administration's Paycheck Protection Program has been a stressful mess......»»

While the debut of the Paycheck Protection Program was met with widespread confusion and consternation, business owners are also rushing to apply for funding under the federal CARES Act......»»

Wells Fargo said on the evening of April 5 that it has exhausted its $10 billion capacity for lending under the SBA’s Paycheck Protection Program as the bank operates under a regulatory asset cap. In other words, amid the pandemic-induced downtur.....»»

Wells Fargo said Sunday evening that it has exhausted its $10 billion capacity for lending under the SBA’s Paycheck Protection Program as the bank operates under a regulatory asset cap. In other words, amid the pandemic-induced downturn that has.....»»

The federal government's Paycheck Protection Program launched today, and local bankers are scrambling to take applications as quickly as possible......»»

The SBA Paycheck Protection Program portal has officially launched, but some Alabama banks are experiencing difficulty accessing the portal......»»

The federal government's Paycheck Protection Program launched today, and local bankers are scrambling to take applications as quickly as possible......»»

A flood of loan applications from coronavirus-hit businesses inundated lenders on Friday as the U.S. government launched its $349 billion bailout fund for small and midsize companies amid widespread confusion about just how the program works......»»

Fallout from the Small Business Administration’s Paycheck Protection Program loan could last for years as the agency works through billions of dollars in forgiveness applications and inevitable appeals. That is partly because of the addition of a s.....»»

Within a year of getting loans under the Paycheck Protection Program, nearly four dozen companies, each with a valuation of at least $150 million, went public or made plans to do so......»»

The Paycheck Protection Program Is Officially Out Of Money The Paycheck Protection Program has officially "run out of money", hopefully putting an en.....»»

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the latest news regarding the Paycheck Protection Program, interesting comments regarding the U.S.-Mexico border and more. read more.....»»

The Small Business Administration said the Paycheck Protection Program has been exhausted. As of Sunday, the PPP had given out nearly 10.8 million loans worth.....»»

Gov. Gavin Newsom and lawmakers negotiated the provisions of the bill, which allows businesses to avoid paying state taxes on forgiven loans from the federal Paycheck Protection Program and to deduct expenses paid for usin.....»»