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PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 15 hours 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 ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 3 hours agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program ...
Column: Are Republicans who got pandemic debt relief hypocrites for complaining about student debt...
Los Angeles Times· 12 hours agoYou may have noticed over the last few days that the political world is in an uproar over President...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 23 hours 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 ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 1 hour agoAt least some financial markets and funds businesses are likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic ...
3 former St. Louis-area women accused of pandemic loan fraud
KTVI via Yahoo Finance· 24 hours agoNo such businesses existed. The women filed phony tax documents with the loan applications....
Three Fresno, California Residents, Formerly from the St. Louis Area Accused of Obtaining 11...
Sierra Sun Times· 9 hours ago-Maple, 23, Jemyla A. Bell, 38, and Leiah A. Vaughn, 22, were each indicted in U.S. District Court in St. Louis March 27 on two felony counts of wire fraud. The indictment accuses them of submitting ...
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 the “Covered Period ...
Haar: Two CT politicians spar on X over Biden's student loan relief, Covid aid
Stamford Advocate· 9 hours agoIs the President going to forgive those who are paying off business loans, too? Less than an hour...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 4 days agoThe 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 ...
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