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Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Information and resources for lenders participating in the Paycheck Protection Program (PPP). SBA maintains access to data for all its current and past COVID-19 relief programs, including the Paycheck Protection Program (PPP).

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The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...

2024年10月3日 · First Draw PPP loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.

2024年3月13日 · Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Effective March 13, 2024, all borrowers, regardless of loan size, can use SBA's direct forgiveness portal. Applying for forgiveness using the portal can take as little as 15 minutes.

2024年4月11日 · What Is a PPP Loan and How Did It Work? The PPP loan was a small business loan for small American businesses affected by the Coronavirus pandemic. The PPP loan was a helping hand to recuperate lost business costs. You could also use it for payroll. That was its primary goal being the paycheck protection program.

2025年1月16日 · Public-Private Partnership (PPP) is a collaboration between a government or government-owned entity & a private sector entity for the provision of public assets and services. The private sector invests and manages the project for a specified period, with clearly defined risk-sharing between both parties.