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SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 6 days agoA more detailed summary of...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 6 days agoUnder the CARES Act, an “eligible recipient” was always a broader definition than the “small business concern” that is normally the standard needed to qualify for a loan guaranteed ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 5 days agoThe first part of the alert discusses the Reviving the Economy Sustainably...of Congress supporting the legislation. The RESTART Act’s primary appeal is that it is a long-term loan& ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 5 days agoTreasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness Application) for the Paycheck Protection Program ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 7 days agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program ...
IRS Confirms PPP-Funded Expenses Are Non-Deductible
The National Law Review· 5 days agoLiterally tens of thousands of businesses received Paycheck Protection Program (PPP) loans under the CARES Act. The legislation was passed very quickly to avert a potential ...
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 6 days agoThe rule does not provide a time frame within which a business must submit the loan forgiveness application. The rule does clarify that a lender has 60 days following the ...
Hospitality group that runs Brookfield Conference Center gets ARPA funds in split vote
Gannett via AOL· 6 days agoNorth Central Staffing, Inc., which staffs NCG Hospitality locations, was approved in April 2020 for a PPP loan of $3,998,327 for payroll, $4,043,87 of ...
Missouri woman pleads guilty to fraudulently obtaining $104K in pandemic loans
The Center Square· 7 days agoCamille Foster, 32, pleaded guilty to two counts of wire fraud on Tuesday in U.S. District Court....
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 7 days agoAt least some financial markets and funds businesses are likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic ...