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Forgivable Loans In An Unforgiving Environment - Latest News

Equipped with SBA's PPP loan forgiveness application, bankers weigh in on what's next for borrowers

Now that the Small Business Administration has released the Paycheck Protection Program's loan forgiveness application, bankers are working with small business owners to help them digest the complex ... read more

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Trump stands with DeVos, vetoes measure to overturn her controversial student loan forgiveness rule

Although the White House had long signaled the move, many veterans groups urged the president to stand up for members of the military who are preyed upon by predatory colleges. read more

Should Financial Advice Firms Take PPP Loans?

Daniel Wiener, the outspoken chairman of one wealth management firm, says no, arguing that other businesses hurt by the Covid-19 crisis deserve the loans more. Carson Group disagrees. read more

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Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration's Paycheck Protection Program (PPP), helping small businesses ... read more

Dallas-based Ashford, Braemar missing payments on ‘nearly all’ hotel loans after returning PPP

Two Dallas-based hotel companies that received then returned some of the largest loans from a U.S. small businesses coronavirus relief program haven't made principal or interest payments under nearly ... read more

Canada's emergency loans for big companies have no cap but many limits

There will be no cap on the size of Canada's emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, including one that gives taxpayers a chance ... read more

Forgivable loans in an unforgiving environment

Many space companies began working with their banks to apply as soon as PPP was unveiled in March, but were frustrated when the initial tranche of $320 million was committed in less than two weeks. read more

PPP Forgivable Loans Will be Unforgiving for Many

Many small business owners who have been approved for Paycheck Protection Program loans (“PPP”) are realizing that the loan isn’t as forgivable as they’d hoped. The amount a small business ... read more

Transcript: Into Delivering an Election

And this is Into America. Today we're digging into the struggles facing the U.S. Postal Service as the institution that's promised to deliver our mail in snow, rain, heat, and gloom of night, is now ... read more

Top 10 Questions Entrepreneurs Have On PPP Forgiveness

The purpose of this article is to give you guidance on how to spend PPP loans to maximize the forgivable amount. I'll address the most common questions about PPP spending below. read more

Trade groups ask for changes to small-business loan program

A broad coalition of national trade groups sent a letter last week to congressional leaders asking for changes to the Small Business Administration's Paycheck Protection Program that would provide ... read more

No, We Don't Need to Return to Obama's Student Loan Forgiveness Policy

The Trump administration’s revision of the rule gives universities their day in court when a claim is brought against them, unlike the Obama administration’s version, which operated under the ... read more

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