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In One Chart: As deadline for returns extended, these public companies are giving back emergency loans meant for small businesses

The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 14 deadline. Here’s how the returns are going......»»

Category: topSource: marketwatchMay 6th, 2020

In One Chart: These public companies are returning emergency loans meant for small businesses

The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 7 deadline. Here’s how the returns are going......»»

Category: topSource: marketwatchMay 1st, 2020

How much and how many PPP loans are going to small businesses in Missouri, Illinois

Almost $248 billion of the $350 billion authorized by the federal government's Paycheck Protection Program has been approved for U.S. small business borrowers. Here's how much has gone to Missouri and Illinois businesses......»»

Category: topSource: bizjournalsApr 14th, 2020

Paycheck Protection Program has run dry, after issuing more than 10 million loans to help businesses weather the pandemic

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.....»»

Category: topSource: chicagotribuneMay 5th, 2021

Lawmakers give California businesses tax break on forgiven PPP loans to boost COVID-19 recovery

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.....»»

Category: topSource: latimesMay 4th, 2021

Putting in for Oregon"s micro-businesses

Iris Hodge explains why Congress needs major tweaks to a critical Paycheck Protection Program component......»»

Category: topSource: bizjournalsApr 30th, 2021

Newsom signs law clarifying PPP loan deductions for California taxes

California Gov. Gavin Newsom signed legislation Thursday that allows most California business owners, small businesses and corporations that got Paycheck Protection Program loans forgiven to deduct expenses they paid with those loans......»»

Category: topSource: bizjournalsApr 29th, 2021

Newsom signs law clarifying PPP loan deductions for California taxes

The legislation allows most California business owners, small businesses and corporations that got Paycheck Protection Program loans forgiven to deduct expenses they paid with those loans......»»

Category: topSource: bizjournalsApr 29th, 2021

California bill to allow deductions on forgiven PPP loans is closer to approval

California business owners, small businesses and corporations that got Paycheck Protection Program loans forgiven may finally get some direction from the state on how to file their taxes......»»

Category: topSource: bizjournalsApr 27th, 2021

Lawmakers give California businesses tax break on forgiven PPP loans to boost COVID-19 recovery

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 using the loa.....»»

Category: topSource: latimesApr 26th, 2021

Firstrust, M&T participate in grant programs to help local small businesses

Several local banks have found ways to provide some assistance to businesses outside of their efforts with the Paycheck Protection Program......»»

Category: topSource: bizjournalsApr 13th, 2021

Columbus microlender urging Ohio"s small businesses, sole proprietors to apply for PPP

There’s still time to receive a Paycheck Protection Program loan, and the Columbus microlender ECDI says it wants to help Columbus-area small businesses – especially sole proprietorships – get the funding they deserve......»»

Category: topSource: bizjournalsApr 4th, 2021

Biden signs PPP small-business aid extension into law one day before it was set to expire

Small businesses can now apply for aid from the Paycheck Protection Program through May 31, and applications will be processed through June 30. President Joe Biden. AP Photo/Evan Vucci Biden .....»»

Category: personnelSource: nytMar 30th, 2021

Get to know Pat Fong Kushida, a 2021 Most Admired CEO honoree

"In March of 2020 we pivoted our entire operations to triage, helping our small businesses with the Paycheck Protection Program, the SBA disaster relief program and the state of California's disaster relief program.".....»»

Category: topSource: bizjournalsMar 10th, 2021

The PPP gave millions to big corporations. Now for two weeks, it’s only for mom-and-pop firms, a boost for minority-owned businesses and others left out.

Biden administration changes to the Paycheck Protection Program have boosted interest in the program and loan .....»»

Category: topSource: chicagotribuneFeb 25th, 2021

PPP rule changes help get loans to small minority-owned businesses: ‘I’m glad somebody saw the light’

Biden administration changes to the Paycheck Protection Program have boosted interest in the program and loan .....»»

Category: topSource: chicagotribuneFeb 25th, 2021

PPP loan changes helping small minority-owned Chicago businesses: ‘I’m glad somebody saw the light’

Biden administration changes to the Paycheck Protection Program have boosted interest in the program and loan .....»»

Category: topSource: chicagotribuneFeb 24th, 2021

PPP rules will be changed temporarily to favor smaller businesses more

Small businesses are receiving a boost from changes to the Paycheck Protection Program‘s (PPP) rules. Only companies with fewer than 20 employees will be able to obtain loans for two weeks starting on Wednesday. President Joe Biden is expected to .....»»

Category: blogSource: valuewalkFeb 23rd, 2021

Biden criticizes earlier rollout of PPP as his administration changes rules to help smaller businesses

Businesses with more than 20 employees are to be shut out of the Paycheck Protection Program for two weeks......»»

Category: topSource: washpostFeb 22nd, 2021

Biden tweaks PPP rules in attempt to reach smallest companies

Businesses with more than 20 employees are to be shut out of the Paycheck Protection Program for two weeks......»»

Category: topSource: washpostFeb 22nd, 2021