Payroll Protection Plan (PPP) loans were a lifeline for many small business owners during the worst of the pandemic-driven economic slowdown. In total, the Small Business Administration (SBA) approved nearly 12 million PPP loans, averaging Read More

The second round of PPP loans is approved. Banks will begin accepting applications for second-time borrowers on January 13, 2021. Is your business eligible? Second-time PPP borrowers will apply using Form 2483-SD. To determine your Read More

In the COVID-19-ravaged economy, debts can pile up beyond a borrower's ability to repay. Lenders sometimes may be willing to forgive (or cancel) debts that are owed by certain borrowers. While debt forgiveness can help Read More