Oct 3, 2024 · Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Effective March 13, 2024, all borrowers, regardless of loan size, can use SBA's direct forgiveness …

Dec 22, 2025 · Learn how to apply for PPP loan forgiveness, check eligibility criteria, and understand what expenses are covered to ensure your business benefits from this relief program.

Paycheck Protection Program (PPP) borrowers may be eligible for loan forgiveness if the funds were used for eligible payroll costs, payments on business mortgage interest payments, rent, or utilities …

PPP loans, in whole or in part, are eligible for loan forgiveness if funds were used for certain eligible business expenses. However, if you pay off your loan in full before you apply for forgiveness, you are …

Jan 14, 2025 · As of 2025, a significant portion of the Paycheck Protection Program (PPP) loans, specifically 98%, had been forgiven. This accounts for the bulk of the funds distributed under the PPP.

Jan 29, 2025 · But what about the remaining loans? What happens if businesses do not apply for loan forgiveness? This article will provide PPP background, an outline of PPP forgiveness, and what …

Jul 7, 2020 · Tracking PPP Search Every Company Approved for Federal Loans As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to …

This portal is made available by the US Small Business Administration to streamline forgiveness processing for PPP Borrowers. After registration, you may use this streamlined process to …

Nov 20, 2025 · Although most borrowers have completed the forgiveness process, some businesses may still be eligible to apply if their loan hasn’t yet matured. Here’s what you need to know about …

PPP loan forgiveness refers to the portion of the PPP loan that can be forgiven, meaning the borrower does not need to repay it. The primary purpose of the PPP loan was to help businesses retain their …