The SBA has launched the Paycheck Protection Program, a new federal loan assistance program intended to deliver immediate financial relief to small businesses impacted by the coronavirus pandemic.

WASHINGTON, D.C. (NEXSTAR) – The US Treasury Department has finally made its Paycheck Protection Program public. Hedge funds, development corporations, large restaurant groups, all among the nearly 5 ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

Ken Gillette, the cofounder and chief technology officer for Pocket Prep, thought his startup’s business might have a chance to thrive during the coronavirus shutdown. With more time at home, he ...

CHICAGO (WLS) -- In Illinois, nearly 70,000 small business owners got loans from the federal government before Payroll Protection Program funds were exhausted, and some are now wondering how those ...

The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...

"We just want what everyone else has gotten," said co-counsel for the hotel groups in the multidistrict litigation. Frustrated by the lack of resolution and the ongoing impact on their operations, six ...

Here's what it means for businesses and for the agency. The story has been updated to show PPP borrowers received collections notices after the initial delay. The Small Business Administration saw ...

BALTIMORE, Md. — Finding the perfect dress is a bride's dream, but at Elite Secrets Bridal, COVID-19 shutdowns nearly turned LaTonya Turnage’s small business into a nightmare. “I can't even put into ...