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Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 2 weeks ago...While 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 loan – the SBA is permitting employers to use an Alternative Payroll Covered Period (“APCP”) for purposes of calculating and...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 1 week agoThe SBA’s press release also announced the SBA will “soon issue regulations and guidance to further assist borrows ...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 2 weeks agoBusiness Administration ("SBA") has guaranteed over one million loans under the ...U.S. have been tasked with serving as conduits for distributing $349 ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 1 week ago...always a broader definition than the “small business concern” that is normally the standard needed to qualify for a loan guaranteed by the Small Business Association (SBA) under Section 7(a) of the Small Business Act.[1] Congress intended that the CARES Act would provide badly needed loans to a...
PPP Compliance Considerations for Federal Funding Novices
The National Law Review· 2 weeks agoThe federal government acted swiftly in passing the Coronavirus Aid, Relief, and Economic Security Act (the... Program (“PPP”) component, to< ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 1 week agoSchultz, and over 100 other prominent CEOs sent a letter to senior members of Congress supporting the legislation. The RESTART Act’s primary appeal is that ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 1 week 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 ...
