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Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 1 day agoThe first part of the alert discusses the Reviving the Economy Sustainably...of Congress supporting the legislation. The RESTART Act’s primary appeal is that it is a long-term loan& ...
Founder of ‘The Space Coast Rocket’ in Brevard County accused of buying crypto with PPP loans
WKMG ClickOrlando· 10 hours agoThe founder of “The Space Coast Rocket” local news website in Brevard County faces federal charges...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 4 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 ...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 3 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 ...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 6 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 ...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 7 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 ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 2 days agoTreasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness Application) for the Paycheck Protection Program ...
Column: Are Republicans who got pandemic debt relief hypocrites for complaining about student debt...
Los Angeles Times· 3 days agoYou may have noticed over the last few days that the political world is in an uproar over President...
IRS Confirms PPP-Funded Expenses Are Non-Deductible
The National Law Review· 2 days agoLiterally tens of thousands of businesses received Paycheck Protection Program (PPP) loans under the CARES Act. The legislation was passed very quickly to avert a potential ...
Analysis | The bad talking point comparing student loan forgiveness to PPP loans
Washington Post· 7 days agoThe 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 ...
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