IA Asks Small Business Administration to Withdraw New PPP Small Business Loan Questionnaires
The Small Business Administration (SBA) has issued intensive new Loan Necessity Questionnaires for recipients of forgivable Paycheck Protection Program (PPP) loans that the Insights Association (IA) warned could inadvertently make the forgiveness process even more confusing and cumbersome for small businesses in the insights industry who received PPP loans to “preserve as many jobs as possible, despite the fallout from the COVID-19 pandemic.”