Small Business Administration streamlining forgiveness for PPP loans below $150,000
From NCBA/CLUSA: This week, the U.S. Small Business Administration (SBA) announced a streamlined forgiveness process for loans of $150,00 or less, which account for more than 90 percent of all Paycheck Protection Program (PPP) loans made. SBA has opened a portal for small-dollar borrowers to directly apply for streamlined forgiveness in a pilot stage. This […]
