The Small Business Administration announced that it has forgiven 80% of the $791 billion in Paycheck Protection Program loans it began issuing in 2020 to businesses across the country to help them ...
As of May 2024, the U.S. Small Business Administration (SBA) had flagged nearly 38,000 already-forgiven Paycheck Protection Program (PPP) loans that it suspected borrowers were ineligible for. The SBA ...
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Smart tax moves for business loans
Business loans can be powerful tools for growth — and for lowering taxes — if you understand the IRS rules. While the loan principal isn’t taxable, interest is often deductible when used for ...
In late June, Sharps Compliance, a Houston-based medical waste management company, reported spectacular financial results. The rollout of Covid-19 vaccines had increased demand for the company’s ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. As small business owners head to the end of the year and ...
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SBA loans: What they are and how to get one
The Small Business Administration (SBA) backs various loans to reduce lender risk and improve capital access. Its most-used programs include 7(a) loans, 504 loans and microloans. Approved lenders, ...
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