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2. SBA ramps up PPP loan forgiveness as big banks like ... - AOL

   www.aol.com/finance/ppp-ramps-loan-forgiveness...

   The Small Business Administration (SBA) is making it easier for businesses to get their Payroll Protection Plan (PPP) loans forgiven, yet some of the nation’s largest lenders are opting to chart ...

3. For small business loan program, forgiveness may be the ... - AOL

   www.aol.com/finance/2020-05-01-for-small...

   Now, it is lurching toward another hurdle: forgiving those hastily arranged loans. The second round of the Small Business Administration's Paycheck Protection Program launched on Monday, allowing ...

4. Paycheck Protection Program - Wikipedia

   en.wikipedia.org/wiki/Paycheck_Protection_Program

   President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. 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 ...

5. Many small businesses say loans won't get them to rehire - AOL

   www.aol.com/news/many-small-businesses-loans...

   To get the loans forgiven, companies need to spend 75% on payroll within eight weeks of receiving the money. ... The government’s $2 trillion relief package included $349 billion for the small ...

6. PPP program was awash in fraud. Now, one lender may ... - AOL

   www.aol.com/news/ppp-program-awash-fraud-now...

   The Herald previously reported on the struggles to obtain forgiveness faced by many small business owners who obtained their PPP loans through Kabbage. Under the rules of the program, the loans ...

7. The US government doled out over $200M of pandemic relief ...

   www.aol.com/finance/post-malone-lil-wayne-chris...

   An NPR analysis of SBA data released in January found that 92% of PPP loans were granted full or partial forgiveness. Some businesses with rich owners were among those that got off the hook.