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1. • SBA Provides Safe Harbor For Certifying Need For PPP Loans

     The National Law Review· 5 hours ago

     New 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 ...

2. • If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants

     The National Law Review· 3 days ago

     The average PPP loan amount so far has been $239,000, though the vast majority of approved loans (70%) have been for $150,000 or less. Lenders have felt ...

3. • Latest Guidance on Paycheck Protection Loan Program under the CARES Act

     The National Law Review· 9 hours ago

     Late in the evening on April 2, the SBA issued an Interim Final Rule on the PPP (the April 2 Rule) and published a revised Application form (Revised Application). While SBA ...

4. • Top 10 Insights from the SBA’s PPP Loan Forgiveness Application

     The National Law Review· 3 days ago

     On May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here). While the term of the “Covered Period ...

5. • 

     3 former St. Louis-area women accused of pandemic loan fraud

     KTVI via Yahoo Finance· 6 hours ago

     No such businesses existed. The women filed phony tax documents with the loan applications....

6. • Analysis | The bad talking point comparing student loan forgiveness to PPP loans

     Washington Post· 3 days ago

     The evidence is less than compelling when it comes to comparisons between President Biden’s student-loan forgiveness and the Paycheck Protection Program. As Biden has rolled ...

7. • The PPP Turns Four: Lessons Learned and What Lies Ahead | JD Supra

     JD Supra· 5 days ago

     Four years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in what would become the largest Small Business Administration ...

8. • 

     PPP fraud investigation by state watchdog finds $7.2 million in improper loans

     Chicago Sun-Times· 4 days ago

     Since the coronavirus pandemic began here in early 2020, the Office of Executive Inspector General...

9. • 

     Florida school teacher hit with $20,000 bill for loan he never took out

     WKMG ClickOrlando· 17 hours ago

     Timothy Bunnell, a robotics elementary school teacher in Lake County and a longtime Disney cast...

10. • PPP Fraud and Appeals Update

      The National Law Review· 4 days ago

      While 2020 is (fortunately) in the rearview mirror, issues involving the pandemic-era Paycheck Protection Program (PPP) and the Economic Injury Disaster Loans (EIDL) are ( ...