Last week, Congress passed another bill with further updates to PPP loans and forgiveness. There are a few major changes that should be beneficial to everyone who received funding. You can read the bill here. See below for some important details: Only 60% of your loan amount has to be use...
Some SBA loan forgiveness is possible if you default on your loan. Businesses that have ceased operating can apply for a settlement program called SBA Offer in Compromise (OIC). Government loans: Plan responsibly to avoid financial difficulty Planning properly and ensuring you can meet the obligat...
Government Lawyer Section to work on loan forgiveness.Davis, Theresa E
“Ships and planes are driving an increase in spending at [the Defense Department], but there’s a lot of uncertainty,” Berteau said. The Small Business Administration is using a commercial off the shelf software as a services platform to process applications for its loan forg...
”…The Biden administration’s extralegal overreaching earned many judicial rebukes. These concerned, inter alia, an eviction moratorium, a vaccine mandate, student loan forgiveness, and pressuring social media companies to intensify censorship (“content moderation”) of speech (“disinformation”) ...
There is going to be a PPP Round 2, set to open in early 2021. This round will have some additional limitations, such as 300 employees or less, $2 million loan limit, and revenue in a 2020 quarter must have dropped 25% or more below the same quarter in 2019. The amount of the...
A group of Midwestern farmers sued the federal government Thursday alleging they can't participate in a COVID-19 loan forgiveness program because they're White. The group of plaintiffs includes farmers from Wisconsin, Minnesota, South Dakota and Ohio. According to the lawsuit, the Biden administra...
Public service student loan forgiveness Apply for disability benefits Get federal retirement benefits File immigration benefit form VA education benefits Decision review for VA claim In-person outpatient VA care In-patient/acute VA care Retirement benefits ...
The CARES Act also contains a loan forgiveness program which allows a certain portion of the loans equal to payroll costs, rent, and mortgage payments to be forgiven. What Is The Process For Applying? Applications are submitted through any existing SBA lender or through any federally insured depo...
Biden Administration Scraps Student Loan Forgiveness Plan Ahead of Inauguration By Elizabeth Guevara Dec 20, 2024 Feds Sue Banks for 'Widespread Fraud' on Zelle and Limited Victim Compensation By Sarina Trangle Dec 20, 2024 Biden Administration Forgives $4.28 Billion in Student Loans For Public...