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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans

Learn which SBA loans qualify for forgiveness in 2025. Only PPP loans offer full forgiveness, while EIDL loans must be repaid ...
ABC 7 Chicago

New PPP loan forgiveness guidance leaves some Chicago small businesses with more questions

CHICAGO (WLS) -- New guidance from the federal government on Payroll Protection Program loans is leaving some small business owners with even more questions. PPP loans can be forgiven if all the rules ...
Nation's Restaurant News

Treasury Department guidance on Paycheck Protection loans gives employers exemption if workers reject offer to be rehired

The Treasury Department has updated its guidance on Paycheck Protection Program, or PPP, loans, saying employers will not be penalized if workers reject an offer to return to their job. The new ...

U.S. govt simplifies forgiveness process for smallest pandemic aid loans

The U.S. government will greatly simplify the process by which borrowers of a $525-billion-pandemic-relief fund do not have to repay some of the smallest loans, the Department of Treasury said.

U.S. SBA says has forgiven over 1.1 mln PPP loans for more than $100 bln

The U.S. Small Business Administration (SBA) said on Tuesday it has forgiven more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, adding that "small borrowers" make up ...