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

     The National Law Review· 3 days ago

     Over 4,600 lenders throughout the U.S. have been tasked with serving as conduits for distributing $349 billion in federal loan funds made available for the PPP< ...

2. • 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 ( ...

3. • PPP Compliance Considerations for Federal Funding Novices

     The National Law Review· 4 days ago

     While...new program, the Small Business Administration (“SBA”), has had to play catch-up to issue guidance and rules to fully implement it. This Legal Update</ ...

4. • What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act

     The National Law Review· 2 days ago

     ...Group 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...

5. • Federal Reserve Announces Updated Guidance Regarding Main Street Lending Program for Small and...

     The National Law Review· 15 hours ago

     There may be additional guidance in the future from the Federal Reserve and other government agencies that may change or enhance this guidance. The Federal Reserve previously announced that ...

6. • 

     J5 speaks after not guilty verdict in federal court

     WCBI Columbus· 6 days ago

     Jabari Edwards and Antwann Richardson were cleared on all 34 charges associated with fraud and money laundering of PPP relief funds through...

7. • Cooperation Spares Former NBA Shooting Guard from Prison

     The National Law Review· 2 days ago

     Former National Basketball Association (NBA) shooting guard, Antoine Wright, was sentenced to time served after he pled guilty to conspiracy and aggravated identity theft for his involvement ...