On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...

On June 13, the SBA added question #72 to its Paycheck Protection Program (PPP) Frequently Asked Questions clarifying whether “the amounts paid by a borrower to a third-party payer for the third-party ...

Do you need to repay your PPP loan? Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology ...

John Mallano, the deputy director of the New York office of the U.S. Small Business Administration, answered questions about the Payroll Protection Program and the latest information for small ...

The rest of the loan money landed in the pockets of the company's owners and shareholders, according to a new report. Why the rollout of the $2 trillion CARES Act was a colossal mess Desperate ...