NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, releasing detailed loan-level data yesterday regarding the loans made under the Paycheck Protection Program (PPP). This disclosure covers each of the 4.9 million PPP loans that have been made. “The PPP is providing much-needed relief to millions of American small businesses, supporting more […]
If you’re one of the 135,203 New Jersey businesses that received a Paycheck Protection Program loan, there’s something you need to know about the online loan forgiveness application: It’s about to change. Attorney Scott Borsack, a partner at Szaferman Lakind, said Tuesday that the new federal Paycheck Protection Program Flexibility Act signed into law June […]
New Jersey business owners hoping to qualify for forgiveness of their Paycheck Protection Program loans should pay attention to a few key provisions of the federal government’s online application that could increase their odds of success, according to attorneys from Archer Law. In an NJBIA webinar on Wednesday, attorneys Tim Cunningham and David Weinstein said […]
The federal Paycheck Protection Program’s (PPP) rules on how the forgivable business loans can be spent and the unrealistic eight-week timeframe need to be changed to save small businesses from going under as a result of the coronavirus pandemic, NJBIA said Friday. In comments to the U.S. Small Business Administration, which administers the program with […]
The Small Business Administration (SBA), in consultation with the Department of the Treasury, has released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES […]
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