April 17, 2024
April 26, 2020

Resumption of Nonprofit PPP Loans – April 27, 2020 – Frequently Asked Questions

Resumption of Nonprofit PPP Loans – April 27, 2020 – WASHINGTON – Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the resumption of the Payroll Protection Program (PPP): “The Small Business Administration will resume
April 28, 2020

Second Round of Nonprofit PPP Loans Falls Flat – April 28

Second Round of Nonprofit PPP Loans Falls Flat – WASHINGTON D.C. – The PPP lending program was scheduled to resume at 10:30 am EST on Monday, but the Small Business Administration’s (SBA) online portal seems to be having issues handling the demand. An industry source confirmed that the platform did open at 10:30 a.m. as planned, but was
May 3, 2020

Nonprofit PPP Loan forgiveness – How Does it Work? – May 4, 2020

Nonprofit PPP Loan forgiveness – How Does it Work? is based on Inside Charity’s direct communications with the Small Business Administration and multiple financial lenders. Here’s what we’ve learned so far. Beyond the ease of qualifying and low interest rates, perhaps the most attractive feature of Paycheck Protection Program (PPP) loans is that