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SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

ATLANTIC REGION  New York, New Jersey, Puerto Rico & U.S. Virgin Islands  Release Date: May 15, 2020                                Contact:  Press_Office@sba.gov, (202) 205-7036  Follow us on Twitter, Facebook, Blogs & Instagram SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application WASHINGTON—The U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions…

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Paycheck Protection Program Funds Still Available Round Two still has over $100 Billion for Borrowers in Need

ATLANTIC REGION  New York, New Jersey, Puerto Rico & U.S. Virgin Islands  NEW YORK, NY – Billions of dollars in potentially forgivable Payroll Protection Program (PPP) capital remains available to small businesses and nonprofits to help provide eight weeks of payroll and certain overhead to keep workers employed. PPP, created out by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is responsible for infusing…

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AGRICULTURAL BUSINESSES & CERTAIN NON-AG BUSINESSES

Agricultural businesses may apply for the Economic Injury Disaster Loan and EIDL Advance program on a limited basis beginning today, May 4, 2020 at 12:00 noon. For agricultural businesses that submitted an EIDL application through the streamlined application portal prior to the legislative change, SBA will process these applications without the need for re-applying. Due to limitations in funding availability…

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