Distractify on MSN4mon
Rumors of a PPP Loan Arrest Warrant List Circulate on Social Media — Find out if It's Real
If you or someone you know was a recipient of a Paycheck Protection Program (PPP loan) in 2020, the KRS-ONE lyrics “woop, ...
U.S. News & World Report4y
PPP Loan Deadline Extended With $130 Billion Unclaimed
With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...
AgWeb4y
Do You Get to Deduct PPP Loan Interest You Did Not Pay
When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...
Business.com2y
SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
As of 2025, loan forgiveness is only available for the SBA’s Paycheck Protection Program (PPP) loans. Other SBA loans, including Economic Injury Disaster Loans (EIDL) and 7(a) loans, do not qualify ...
Kiplinger4y
IRS Leaves Business Owners Who Took PPP in a Tax Quandary
Editor's note: Congress on Dec. 21 passed the Consolidated Appropriations Act, 2021, which includes language that clarifies the tax treatment of forgiven PPP loans allowing for small businesses to ...
Rogers Park tax preparer admits arranging $3.6M in phony PPP and EIDL loans for himself and others
Farooq Khan faces a possible sentence of more than four years in prison for defrauding the Paycheck Protection Program and Economic Injury Disaster Loan program.