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If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 2 weeks agoFrom April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection
Paycheck Protection Program Rebooted
The National Law Review· 2 weeks ago...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 (Economic Aid Act), which extends the authority to make PPP...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 1 week 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 ...
Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program
The National Law Review· 2 weeks agoOn April 28, 2020, Treasury Secretary Mnuchin announced that the Small Business Association would be conducting a “full audit” of any loans over $2 million ...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 1 week agoThe PPP is intended to provide an incentive to small businesses to retain their workers during this crisis by offering government-backed ...
Analysis | The bad talking point comparing student loan forgiveness to PPP loans
Washington Post· 2 weeks 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 < ...
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) ...
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 the Economy Sustainably... supporting the legislation. The RESTART Act’s primary appeal is that it is a long-term loan & ...
PPP Compliance Considerations for Federal Funding Novices
The National Law Review· 2 weeks agoThe federal government acted swiftly in passing the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), including the Payroll Protection Program (“
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 1 week agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness ...