Press release content from Globe Newswire. The AP news staff was not involved in its creation.
SBA and lenders take more steps to improve Paycheck Protection Program
United States Small Business AdministrationFebruary 10, 2021 GMT
Washington, Feb. 10, 2021 (GLOBE NEWSWIRE) Today, the U.S. Small Business Administration and lenders are taking more strides to improve the Paycheck Protection Program (PPP) so that small businesses can access much needed PPP funds to persevere through the pandemic, recover, and build back better. The Administration is working with the Agency to increase equitable access to underserved small businesses, to assure the integrity of the program, and to promote rapid and efficient distribution of funds.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
The SBA Takes Steps to Improve First Draw Paycheck Protection Program Loan Review
United States Small Business AdministrationJanuary 26, 2021 GMT
Washington, Jan. 26, 2021 (GLOBE NEWSWIRE) The U.S. Small Business Administration is taking steps to improve the First Draw Paycheck Protection Program loan review so that small businesses have as much time as possible to access much needed PPP funds. The Biden-Harris Administration is focused on ensuring small businesses receive the support they need to keep their doors open and continue to employ millions of Americans across the country. The Administration is working with the Agency to identify immediate solutions to address eligibility, compliance, integrity, and promote transparency.