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SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 4 days agoNew SBA guidance says PPP borrowers of under $2 million are granted safe harbor and deemed to have made required good-faith certification of necessity. Individual circumstances ...
DOJ and Private Whistleblowers Pursue Marijuana-Related Businesses for Alleged Violations of COVID...
JD Supra· 20 hours agoIn 2020, when former President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, the federal Small Business Administration (SBA ...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 7 days agoWhile the term of the “Covered Period” for loan forgiveness has not changed – this is still the eight-week period that starts on the first date of disbursement of the PPP ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 3 days ago...businesses are likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) as a result of...Final Rule (IFR) published by the US Small Business Administration (SBA) on April 2.1 Impacted businesses include...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 4 days agoLoan recipients of potential audits related to the SBA’s Office of Inspector General’s estimate that up to one-third of PPP Loans showed signs of potential ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 3 days agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program under the Small ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 2 days agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness Application and ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 2 days agoThe RESTART Act’s primary appeal is that it is a long-term loan program available to businesses with revenue losses of at least 25% and a forgiveness component if certain ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 3 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 ...
Colorado funeral home owners indicted again and back in jail -- this time for alleged wire fraud
CBS News· 3 days agoThe married couple who own the Return to Nature Funeral Home in Penrose are back behind bars as the...
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