Borrowers who received a PPP loan prior to the program closing on May 31, 2021 can now apply for forgiveness. Many, or all, of the products featured on this page are from our advertising partners who ...

One of the principal benefits of the Paycheck Protection Program (“PPP”) is that the principal and interest from any loan forgiven is not includable in a taxpayer’s gross income. In what has developed ...

As the second round of the federal Paycheck Protection Program (PPP) gets underway, there's growing concern among small businesses that the forgiveness clause tied to the initial loan agreement may ...

CHICAGO (WLS) -- New guidance from the federal government on Payroll Protection Program loans is leaving some small business owners with even more questions. PPP loans can be forgiven if all the rules ...

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 ...

Congress came to their rescue during an unprecedented economic crisis brought on by COVID-19. The legislative branch built a unique safety net, dubbed the CARES (Coronavirus Aid, Relief, and Economic ...

Attorney General Kwame Raoul obtains $20,000+ restitution from Rachel Jordan for PPP loan fraud in Chicago during the COVID-19 pandemic.