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Neuronetics and Obalon Therapeutics Obtain PPP Loans

Neuronetics (NSDQ:STEM) and Therapeutic Obalon (NSDQ:OBLN) are the latest companies to announce that they have taken out loans under the Paycheck Protection Program (P3). The US Small Business Association administers the PPP under the CARES (Coronavirus Aid, Relief and Economic Security) law. Under the P3, 75% of the loan proceeds …

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South Florida real estate players who received PPP loans

Alex Rodriguez, Tom Murphy, Jorge Pérez, Gil Dezer and Jackie Soffer (Credit: Michael Loccisano / Getty Images) UPDATE July 7, 6:30 p.m .: Many of South Florida’s top developers, contractors, hoteliers, architects and restaurateurs have benefited from the federal government’s Paycheck Protection Program. Companies linked to the related group, Dezer …

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5 types of personal loans to consider

When it comes to financing, it pays to choose the best option for your situation. (iStock) Personal loans are the fastest growing type of consumer debt – you may have even considered applying. Personal loans can be an effective way to consolidate debt, pay for unscheduled home repairs, or make …

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For small businesses, forgivable loans offer a lifeline, again

The Small Business Administration (SBA) is targeting women-owned businesses, veterans, people of color, and businesses in some rural communities with the relaunch of a massive lending program aimed primarily at providing businesses with a lifeline of business. free money to survive the pandemic. On Monday and Tuesday, first-time paycheck protection …

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Repayment of loans to a loved one upon death

Family and friends often lend each other financial help when they need it. If the lender dies before the debt is paid off and the paper trail is not transparent, it can create a difficult situation. Our recommendation in this situation is to always seek expert advice if you are …

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Do student loans count as income?

Many students borrow money or take grants and scholarships to help pay for their higher education. Fortunately, you don’t report student loans as income on your tax return, and you don’t have to pay tax on some types of financial assistance. But student loan debt that is settled or canceled …

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