Update: This article was updated on July 27 at 8:34 p.m. eastern to include the SBA’s latest timeline for publishing details on its new forgiveness portal. The Small Business Administration is ...

Scores of small businesses will soon undergo a less difficult loan forgiveness application process after receiving Paycheck Protection Program funds to help them stay open during the COVID-19 pandemic ...

The Paycheck Protection Program (PPP) — the U.S. government’s lifeline for small businesses during the Covid-19 pandemic — sent out a total of nearly $800 billion to help companies keep staff on their ...