Industry Notes:
SBA Launches Direct Forgiveness Portal For PPP Loans
Published on Fri Aug 13, 2021
Did you receive $150,000 or less in CARES Act Paycheck Protection Act funds? Then you can qualify to use a new streamlined process for securing loan forgiveness. The Small Business Administration’s new Direct Forgiveness Portal “will simplify forgiveness for millions of our smallest businesses … who used funds from our Paycheck Protection Program loans to survive the pandemic,” SBA Administrator [...]