Topics: Small Business Administration (SBA)

House to Vote on Small Business Loans

The House is scheduled today to consider two bills related to coronavirus aid. H.R. 7010 from Rep. Dean Phillips (D-Minn.) and 35 bipartisan cosponsors would give businesses more time and flexibility to make qualifying expenditures for loan forgiveness under the Paycheck Protection Program, and allow businesses with forgiven loans to defer payroll taxes. More

NATSO Analysis: Paycheck Protection Program Interim Final Rules (PPP)

NATSO Analysis: Paycheck Protection Program Interim Final Rules (PPP) Members Only Join or Login

The Small Business Administration on May 22 released interim final rules related to the Paycheck Protection Program. The rules outline procedures for borrowers to calculate costs eligible for loan forgiveness in the PPP, how the SBA will review individual loans for forgiveness, and details of the loan forgiveness process for lenders. More

SBA Releases PPP Loan Forgiveness Application and Instructions

More

SBA Offers Economic Injury Disaster Loans

The U.S. Small Business Administration (SBA) is offering Economic Injury Disaster Loans, low-interest, federal disaster loans for working capital to small businesses that are suffering substantial economic loss as a result of the Coronavirus (COVID-19). More

Treasury Department Posts Documents for Paycheck Protection Program

The $2.2 trillion coronavirus stimulus bill enacted by Congress on March 27 provides cash assistance to small businesses that keep their employees or recall employees they have furloughed or laid off due to financial hardships related to COVID-19. Small businesses as well as individuals who are self-employed or are independent contractors are eligible if they also meet program size standards. More

NATSO Analysis: The Cares Act, Phase III Stimulus Package Members Only Join or Login

The Senate approved 96-0 the approximately $2 trillion "Phase III" stimulus bill known as the CARES Act. The House is expected to pass the bill by today after which the President is expected to sign the measure. This summary focuses on those issues of most concern to the travel center industry.  More

  • Showing
  • per page, 6 total