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Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 5 days agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here ...
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 ...
Analysis | The bad talking point comparing student loan forgiveness to PPP loans
Washington Post· 5 days agoAs Biden has rolled out plans to forgive student loans — including this week — his White House and its allies have regularly pointed to GOP critics’ acceptance of coronavirus pandemic-era < ...
White House again weaponizes PPP loans in defense of student-debt relief
Market Watch· 1 week agoIt’s not the first time the White House has gone down that route, having previously noted the PPP...
The PPP Turns Four: Lessons Learned and What Lies Ahead | JD Supra
JD Supra· 7 days agoFour years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in what would become ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection ...
The National Law Review· 15 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
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 ...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 5 days agoFrom April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection Program
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 ...
Paycheck Protection Program Rebooted
The National Law Review· 4 days ago...Rules (IFR) (First Draw PPP Loan IFR and Second Draw PPP Loan IFR, respectively) to implement changes to the Paycheck Protection Program (PPP) as amended by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act), which extends the authority to make PPP...