March 19, 2024
April 16, 2020

Nonprofit PPP Loan Program Reaches $350 Billion Cap – April 17, 2020

Nonprofit PPP Loan Program Reaches $350 Cap informs charitable execs on the status of the initial $350 billion emergency loan pool established for nonprofits and small businesses derailed by the coronavirus. “The Small Business Administration (SBA) is currently unable to accept new applications for the Paycheck Protection Program based
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