Tag Archive for: Paycheck Protection Program

PNC Survey Shows Alabama Business Owners Look to Vaccine-Driven Recovery

Small and mid-sized business owners in Alabama strongly support vaccination for COVID-19 and plan to encourage their employees to get the shots in an effort to boost local economic recovery, according to the PNC Alabama small business owners survey released today. More than half (57 percent) of Alabama businesses surveyed will require employees to get […]

SBA and Lenders Take More Steps to Improve Paycheck Protection Program

Loan data shows 1.3 million loans and significant increase to underserved entrepreneurs

Loan Forgiveness FAQs by SBA Answer Some Questions, but Others Remain

The Small Business Administration and the Department of Treasury recently issued a set of Frequently Asked Questions about Paycheck Protection Program loan forgiveness. Below is a summary of the key information from the released FAQs: The FAQs clarified that C-corporation owner-employee health and retirement benefits are eligible PPP expenses in addition to their $100,000 salary cap. Eligible […]