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1. • PPP Loan Audits Could Affect Millions of Borrowers | JD Supra

     JD Supra· 1 week ago

     There 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 ...

2. • 

     Metropolitan PD Officer and a Maryland Accountant Plead Guilty to COVID Emergency Loan Fraud, Reaped...

     Sierra Sun Times· 19 hours ago

     The announcement was made by U.S. Attorney Matthew M. Graves, FBI Special Agent in Charge David J....

3. • Paycheck Protection Program Rebooted

     The National Law Review· 2 weeks ago

     The Economic Aid Act establishes First Draw PPP loans similar to the prior program under Section 7(a)(36) of the Small Business Act and ...

4. • Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program

     The National Law Review· 2 weeks ago

     On April 28, 2020, Treasury Secretary Mnuchin announced that the Small Business Association would be conducting a “full audit” of any loans over $2 million ...

5. • SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act

     The National Law Review· 1 week ago

     The PPP is intended to provide an incentive to small businesses to retain their workers during this crisis by offering government-backed ...

6. • If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants

     The National Law Review· 2 weeks ago

     From April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection Program ...

7. • Small Business ERTC Assessments: Pandemic Relief Fund Eligibility Service Update

     Digital Journal· 1 day ago

     The program ensures every employer their maximum allowable rebate and includes audit-proof...ineligible due to joining the Paycheck Protection Program (PPP). While employers ...

8. • SBA Provides Safe Harbor For Certifying Need For PPP Loans

     The National Law Review· 1 week ago

     New 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 ...

9. • Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness

     The National Law Review· 1 week ago

     On May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness ...

10. • COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...

      The National Law Review· 1 week ago

      Under the CARES Act, an “eligible recipient” was always a broader definition than the “small business concern” that is normally the standard needed to qualify ...