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Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 23 hours agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness</ ...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 6 days agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here). While the term of ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 21 hours agoThe first part of the alert discusses the Reviving the Economy...supporting the legislation. The RESTART Act’s primary appeal is that it is a long-term loan program available ...
The PPP Turns Four: Lessons Learned and What Lies Ahead | JD Supra
JD Supra· 1 week agoFour years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in what would become the largest Small & ...
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 2 days agoThe rule does not provide a time frame within which a business must submit the loan forgiveness application. The rule does clarify that ...
White House again weaponizes PPP loans in defense of student-debt relief
Market Watch· 1 week agoProtection Program. It’s not the first time the White House has gone down that route, having...
Analysis | The bad talking point comparing student loan forgiveness to PPP loans
Washington Post· 6 days agoThe evidence is less than compelling when it comes to comparisons between President Biden’s student-loan forgiveness and the Paycheck Protection Program ...
IRS Confirms PPP-Funded Expenses Are Non-Deductible
The National Law Review· 24 hours agoLiterally tens of thousands of businesses received Paycheck Protection Program (PPP) loans under the CARES Act. The legislation was passed very quickly ...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 3 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 ...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 3 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 ...
