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Brevard political consultant, Space Coast Rocket owner, arrested for alleged PPP loan fraud
Florida Today via Yahoo Finance· 10 hours agoRobert Burns, a Brevard County political consultant and owner of the Space Coast Rocket local news...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 10 hours 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 ...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 2 days agoPPP Loans with balances of less than $100,000 to the Treasury Department for collection, and another 10,000 delinquent PPP Loans involving higher balances ...
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 18 hours agoThe rule does not provide a time frame within which a business must submit the loan forgiveness application. The rule does clarify that a lender has 60 days following the ...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 2 days 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 ...
Column: Are Republicans who got pandemic debt relief hypocrites for complaining about student debt...
LA Times via AOL· 1 day agoRepublicans criticizing Biden's student debt relief plan took millions of dollars in pandemic relief...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 18 hours agoAct, passed to address the economic impacts of the ongoing COVID-19 pandemic. The PPP is intended to provide an incentive to small businesses to retain their workers during ...
Donald Finley, owner of Bayville Adventure Park, sentenced to 2 years in prison for $3.2M COVID-19 ...
Newsday· 21 hours agoA federal judge sentenced the owner of Bayville Adventure Park to two years in federal prison...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 5 days 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 ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 1 day agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program ...
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