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SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 17 hours agoThe...government-backed loans that, if the applicable conditions are met – including keeping employees on payroll for eight weeks and using the loan proceeds for payroll, ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection ...
The National Law Review· 9 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· 1 day 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 ...
Brevard political consultant, Space Coast Rocket owner, arrested for alleged PPP loan fraud
Florida Today via Yahoo Finance· 10 hours agoProsecutors say Burns misrepresented his income and submitted false tax documents on loan...
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...
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
The PPP Turns Four: Lessons Learned and What Lies Ahead | JD Supra
JD Supra· 6 days agoFour years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in what would become the largest Small Business ...
Donald Finley, owner of Bayville Adventure Park, sentenced to 2 years in prison for $3.2M COVID-19 ...
Newsday· 21 hours agoU.S. District Court Judge Joan Azrack said Donald Finley...that warranted punishment. “A message...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 4 days agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here). While the term of ...
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 ...
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