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Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 2 weeks agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 1 week agoTreasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness ...
Metropolitan PD Officer and a Maryland Accountant Plead Guilty to COVID Emergency Loan Fraud, Reaped...
Sierra Sun Times· 2 days agoDistrict Court in connection with filing false and misleading information in order to fraudulently...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 2 weeks agoThe SBA is authorized to audit all PPP Loan borrowers’ compliance with the eligibility and other requirements established at the time ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 1 week agoThe first part of the alert discusses the Reviving...Senators Michael Bennet (D-CO) and Todd Young (R-IN) in May, which...RESTART Act’s primary appeal is that it is a long-term ...
Paycheck Protection Program Rebooted
The National Law Review· 2 weeks ago... of the Treasury have issued two Interim Final 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...
What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act
The National Law Review· 2 weeks ago... recently described in a blog post, on May 3, 2020, the SBA issued several new questions and answers to their SBA CARES Act FAQs, including Question #40, which indicated that an employer’s ability to obtain forgiveness of a Paycheck Protection Program (“PPP”) loan under the CARES Act might not be...
Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program
The National Law Review· 2 weeks agoIt was designed to help small U.S. companies retain their employees and offset certain operating costs through potentially forgivable loans. The PPP was ...
JD Supra: Paycheck Protection Program Enforcement Likely to Continue with Focus on More Complex...
JD Supra· 2 weeks agoRecent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False Claims Act (FCA) ...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 2 weeks 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.