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 ...
The Paycheck Protection Program (PPP) provided much needed assistance to small businesses affected by COVID-19. While the PPP is a small business loan program within Section 7(a) of the Small Business ...
The number of banks that have decided to participate in the Small Business Administration’s Paycheck Protection Program loan forgiveness portal has grown substantially. On July 28, the SBA unveiled ...
As of today, 250,000 small businesses have used Womply—the local commerce platform—to apply for the Paycheck Protection Program (PPP). We are proud to have partnered with talented and tireless public ...
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