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Bouncebackability – UK Government Unveils Latest Coronavirus Loan Scheme Variant For Smaller ...
The National Law Review· 5 days agoThe scheme, called the Coronavirus Bounce Back Loan Scheme (CBBLS), will provide ‘micro’ loans to small, entrepreneurial, businesses ...
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 ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 1 day agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 1 day ago... second part of this Alert details the proposed “Long-term Recovery Sector Loan” program introduced in late July by Senators Marco Rubio (R-FL) and Susan Collins (R-ME) in proposed legislation titled the Continuing Small Business Recovery and Paycheck Protection Program Act.
Temporary Relief for Connecticut-Based Businesses
The National Law Review· 2 days agoIn response to the coronavirus (COVID-19) outbreak, Connecticut has established the Connecticut Recovery Bridge Loan Program (the “Program”). The Program ...
The Evolution of Alternative Financing: Navigating Modern Funding Solutions for Small Businesses
TechBullion· 3 days agoDiverse alternative financing options cater to different business needs and preferences....
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 3 days ago...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 an Interim Final Rule (IFR) published by the USSmall Business Administration (SBA) on April 2.1 Impacted businesses include banks,...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 6 days agoFrom April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection...4,600 ...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 3 days agoThere is growing concern among PPP Loan recipients of potential audits related to the SBA’s Office of Inspector General’s estimate that up to one-third of PPP Loans showed ...
Federal Reserve Announces Updated Guidance Regarding Main Street Lending Program for Small and...
The National Law Review· 4 days agoThe Federal Reserve previously announced that it will establish a $600 billion Main Street Lending Program (Main Street Program) to support lending to small and medium-sized ...