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Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 1 week agoAt least some financial markets and funds businesses are likely precluded from applying for the Paycheck Protection Program& ...
Paycheck Protection Program Rebooted
The National Law Review· 2 weeks agoThe Small Business Administration and Department of the Treasury have issued two Interim Final...Loan IFR and Second Draw PPP Loan IFR, respectively) to implement changes ...
Small Business ERTC Assessments: Pandemic Relief Fund Eligibility Service Update
Digital Journal· 5 hours agoThe program ensures every employer their maximum allowable...be able to qualify even if they have already claimed rebates for 2020, or were previously considered ineligible due to joining the ...
JD Supra: Paycheck Protection Program Enforcement Likely to Continue with Focus on More Complex...
JD Supra· 1 week agoRecent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 7 days agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their...Forgiveness Application and corresponding instructions (Forgiveness ...
Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program
The National Law Review· 2 weeks agoOn April 28, 2020, Treasury Secretary Mnuchin announced that the Small Business Association would be conducting a “full audit” of any loans over $2 million made pursuant to ...
DOJ and Private Whistleblowers Pursue Marijuana-Related Businesses for Alleged Violations of COVID...
JD Supra· 6 days agoIn 2020, when former President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, the federal Small Business Administration (SBA) referred ...
The PPP Turns Four: Lessons Learned and What Lies Ahead | JD Supra
JD Supra· 2 weeks agoFour years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection ...
The National Law Review· 1 week 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 ...
IRS Confirms PPP-Funded Expenses Are Non-Deductible
The National Law Review· 7 days agoLiterally tens of thousands of businesses received Paycheck Protection Program (PPP) loans under the CARES Act. The ...