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SCAMMER ALERT: Houston woman accused of filing $500,000 in fraudulent FEMA, PPP loans
FOX 26 Houston· 22 hours agoAccording to the criminal information filed on April 16, from March 2020 until June 2021, Khalia...
Banks Push the Envelope in COVID-19 Climate
New Jersey Business Magazine· 2 weeks agoOn the commercial assistance side of the ledger, New Jersey banks have (at press-time), helped businesses by making a total of 124,489 Paycheck...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 1 week 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< ...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 2 weeks agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here). While the term of the “Covered Period ...
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 much anticipated Loan Forgiveness Application and ...
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 ...
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 what would become the largest Small & ...
Paycheck Protection Program Rebooted
The National Law Review· 2 weeks agoThe Economic Aid Act establishes First Draw PPP loans similar to the prior program under Section 7(a)(36) of the Small Business Act and Second Draw < ...
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 (PPP) under the Coronavirus ...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 1 week 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 ...