Name: U.S. to Start Forgiving PPP Loans After Borrowers Complained
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U.S. to Start Forgiving PPP Loans After Borrowers Complained

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Skip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/u-s-to-start-forgiving-ppp-loans-after-borrowers-complained-11601414687ShareBy Updated Oct. 1, 2020 11:37 am ETListen to article(5 minutes)WASHINGTON—The Small Business Administration will begin forgiving loans granted to small-business owners under the Paycheck Protection Program, the Treasury Department said Tuesday, following banks’ and borrowers’ complaints that the process had been bogged down.The government expects to approve and pay forgiveness requests by late this week or early next, a Treasury spokesperson said. The applications are generally expected to be approved quickly, with the exception of loans above $2 million that will get added scrutiny.Continue reading your article witha WSJ membershipAlready a member? Sponsored OffersCopyright ©2022 Dow Jones &amp; Company, Inc. All Rights ReservedThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Skip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/u-s-to-start-forgiving-ppp-loans-after-borrowers-complained-11601414687ShareBy Updated Oct. 1, 2020 11:37 am ETListen to article(5 minutes)WASHINGTON—The Small Business Administration will begin forgiving loans granted to small-business owners under the Paycheck...

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U.S. to Start Forgiving PPP Loans After Borrowers Complained

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