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Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 1 week agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here). While the term of ...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 1 week agoThe SBA is authorized to audit all PPP Loan borrowers’ compliance with the eligibility and other requirements established at the time of a borrower’s < ...
Dallas woman faces 45 years in prison over fraudulent PPP loans | Texarkana Gazette
Texarkana Gazette· 2 weeks agoWhen Fenrick submitted a Paycheck Protection Program loan application in 2020, she allegedly...
PPP fraud investigation by state watchdog finds $7.2 million in improper loans
Chicago Sun-Times· 2 weeks agoSince the coronavirus pandemic began here in early 2020, the Office of Executive Inspector General...
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 Business Administration ...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 6 days agoThe PPP is intended to provide an incentive to small businesses to retain their workers during this crisis by offering government-backed loans that, if the applicable conditions ...
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 ...
Brevard Co. consultant faces wire fraud charges tied to PPP loan
Florida Politics· 4 days agoIn a nine-page federal indictment, prosecutors say Burns sometime before April 2021 “knowingly...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 1 week agoThe average PPP loan amount so far has been $239,000, though the vast majority of approved loans (70%) have been for $150,000 or less. Lenders have felt ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 5 days agoTreasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness Application
