A simpler way to get your PPP loans forgiven

INC. THIS MORNING A simpler way to get your PPP loans forgiven Good morning, If your business received a Paycheck Protection Program loan, the application for loan forgiveness is about to become more streamlined. On Friday, the Small Business Administration is expected to unveil the details of its forthcoming Paycheck Protection Program forgiveness portal. The portal will allow certain small businesses--probably those with loans under $150,000, according to one lender--to apply for forgiveness directly through the SBA. Currently, all borrowers need to apply through their lenders. Read our story for everything we know now on the forgiveness portal, and check out Inc.’s previous coverage for more on PPP loans and other sources of small-business relief: 6 Changes That Make PPP Forgiveness Easier 5 Pivotal Business Hygiene Lessons Learned From the PPP With an End to PPP in Sight, Here’s What’s Next How to Access $350 Billion in Emergency Funding From State and Local Governments HERE'S WHAT ELSE I'M READING TODAY: A new proposal from Senate Democrats aims to curb tax breaks for pass-through businesses. If it passes, here are the winners and losers. --Inc. Workers’ financial stress is a growing problem for employers. Enter “financial wellness” programs. --The New York Times Black entrepreneurs are raising record amounts of venture capital in 2021--but still receive only a fraction of total startup funding. --Inc. Summer travel is back--and it’s already very weird. --The Wall Street Journal The pandemic is creating great leaders. Here’s how you can be one of them. --Inc. ONE MORE THING: Having trouble hiring, but can’t afford to give out signing bonuses? Try offering “experience incentives”--like skydiving. --Inc.   --Sophie Downes Assistant editor, Inc. How are we doing? Send me ideas and feedback at sdownes@inc.com and on Twitter. Join the visionaries who choose Inc. as their trusted source for the most accurate reporting on business. Join Inc. Unlimited today. Click here to forward to a friend. This email was sent by: Mansueto Ventures 7 World Trade Center, 29th Floor New York, NY, 10007, Unsubscribe • Update Profile • View in Browser • Privacy Policy