Tag: are student loans being forgiven due to covid

  • Have Student Loans Been Forgiven

    Have Student Loans Been Forgiven

    The U.S. Small Business Administration has released a single-page form that aims to simplify the process of applying for the forgiveness of Paycheck Protection Program loans, along with newly updated and revised forms to conform to the requirements of the most recent stimulus legislation.  Congress approved the COVID-19 relief plan last month that included $284 billion of financing to small businesses that needed loans. This money was used to offset the economic impact of the coronavirus epidemic. The law requires that … Read more

  • Student Loans Being Forgiven

    Student Loans Being Forgiven

    The U.S. Small Business Administration has issued a one-page form that makes it easier to apply for forgiveness of Paycheck Protection Program loans. The form is also updated with new forms that are in line with the latest stimulus legislation.  The COVID-19 aid package Congress passed last month revived the PPP with $284 billion of funds for small businesses that want forgiven loans to help deal with the financial fallout of the coronavirus epidemic. It included … Read more

  • Are Student Loans Being Forgiven

    Are Student Loans Being Forgiven

    The U.S. Small Business Administration released a one-page form aimed at simplifying the application process for forgiveness of Paycheck Protection Program loans, together with updated and revised forms that conform to the requirements of the latest stimulus legislation.  Congress approved the COVID-19 relief package in the month of March that provided $284 billion of funding to small businesses that needed loans. The funds were used to reduce the economic burden of the coronavirus pandemic. It included a requirement for the … Read more