Tag Archives: PPP

SBA and Treasury Reveal Small Businesses that Received PPP Loans

Posted on by NAWRB
SBA
09 Jul

The U.S. Small Business Administration (SBA) and Treasury Department released detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP). The disclosed data covers each of the 4.9 million PPP loans that have been made thus far, and includes business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amount ranges above or below $150K. 

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House Passes Bill to Extend Paycheck Protection Program Until August 8th

Posted on by NAWRB
SBA
02 Jul

The House has unanimously passed a bill that will extend the Paycheck Protection Program (PPP) until August 8th, which was originally set to end on June 30th. The bill now awaits President Trump’s signature to officially extend the federal government program that provides forgivable loans to small businesses economically impacted by the COVID-19 crisis.

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Know the Rules of the Game Ⓡ Podcast: Latest Rules on the SBA EIDL & PPP Loans

Posted on by NAWRB
PodcastPPP
25 Jun

Welcome to Know the Rules of the GameⓇ Podcast: Latest Rules on the SBA EIDL & PPP Loans with your host Desirée Patno, CEO & President of Women in the Housing & Real Estate Ecosystem (NAWRB). The CARES Act, which was signed into law by President Trump on March 27, 2020, established the SBA Economic Injury Disaster (EIDL) Loans & PPP (Paycheck Protection Program). These two programs have had several revisions during this extremely short time of processing millions of loans. On June 15th and June 5th, 2020 respectively, these SBA COVID-19 Relief Options issued additional guidelines and ease of processing. Listen here! 

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SBA & Treasury Will Increase Transparency of Paycheck Protection Program Loans

Posted on by NAWRB
SBA
22 Jun

On June 19th, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury made a joint announcement that they will make additional data public regarding the Paycheck Protection Program (PPP), in agreement with leaders of the U.S. Senate Small Business Committee. In doing so, they will make a concerted effort to facilitate the interests of both transparency of data and protection for small businesses who receive PPP loans. 

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SBA Releases EZ Forgiveness Application in Response to PPP Flexibility Act of 2020

Posted on by NAWRB
SBA blog image 2020
17 Jun

In response to the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020, the U.S. Small Business Administration (SBA) posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application. In addition to revising the full forgiveness application, SBA also published a new “EZ version” of the forgiveness application. “These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan,” states the SBA’s official press release. 

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New Law Adds Flexibility to Paycheck Protection Program (PPP)

Posted on by NAWRB
Blog_CapitalBuilding-copy
10 Jun

President Trump has recently signed into law, H.R. 701, the “Paycheck Protection Program Flexibility Act (PPPFA),” which makes the Paycheck Protection Program (PPP) more flexible for PPP loans originated on or after June 5, 2020. The SBA will now forgive loans received through this program if businesses disburse their PPP funds within 24 weeks, and if 60 percent of the funds is used for payroll. The other 40 percent can be used for rent, mortgage interest, utilities and other related costs.

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Know the Rules of the GameⓇ Podcast for SBA Economic Injury Disaster Loans and PPP

Posted on by NAWRB
unnamed
06 Apr

Tune in on Wednesday, April 8, 2020, at 8 AM PST for Know the Rules of the GameⓇ Podcast for SBA Economic Injury Disaster Loans and PPP with your host Desiree Patno, CEO & President of NAWRB, and special guest Kristy Bain, Lender Relations Specialists at the U.S. Small Business Administration (SBA). Desiree and Kristy will discuss important information about the SBA’s Economic Injury Disaster Loans (EIDL) Loans, which offers a $10K Loan Advance for small businesses, and the Paycheck Protection Program (PPP), which helps keep small business workers employed by facilitating access to capital to small businesses impacted by COVID-19. 

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