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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 initiative is only for loans of $150,000 or less, which make up 92% of the PPP loans distributed. The new online portal is reportedly designed to streamline the process both for borrowers and ...

3. PPP Loan Forgiveness Applications are Now Easier - AOL

   www.aol.com/news/ppp-loan-forgiveness...

   Small businesses that received PPP loans of $50,000 or less can now apply for forgiveness using a simplified application form.

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. Rules for Small Business PPP Loan Forgiveness Keep Changing - AOL

   www.aol.com/finance/rules-small-business-ppp...

   May 11, 2020 at 5:20 PM. A key part of the Small Business Administration's Paycheck Protection Program is forgiveness. But to get that forgiveness, business owners can only spend the funds on ...

6. SBA ARC Loan Program - Wikipedia

   en.wikipedia.org/wiki/SBA_ARC_Loan_Program

   ARC loans are intended to provide immediate capital to small businesses to make payments (principal and interest) on existing debt and thus allow business owners to sustain and retain jobs. ARC loans are interest-free to the borrower and carry a 100% guarantee from the SBA. Loan proceeds are provided over a six-month period.

7. SBA loan guide: What they are and how to apply - AOL

   www.aol.com/finance/sba-loan-guide-apply...

   SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000

8. Small Business Administration - Wikipedia

   en.wikipedia.org/wiki/Small_Business_Administration

   History. The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. Tooltip Public Law (United States) 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction ...

9. SBA 7(a) loan: What it is and how to apply - AOL

   www.aol.com/finance/sba-7-loan-apply-123539929.html

   An SBA 7 (a) loan is a small business loan issued as part of the Small Business Administration’s 7 (a) Loan Program. It offers seven loan options that you can apply for based on your business ...