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SBA Change of Control Guidance Does Not Work for Insolvent PPP Borrowers
The National Law Review· 3 days agoThis article focuses on the recent “change of control” guidance1 issued by the SBA to its PPP2 lenders (the “Guidance”) and, more specifically, how that Guidance affects insolvent ...
COVID-19: PPP Loan Forgiveness Application Released
The National Law Review· 21 hours agoFor the basic requirements regarding loan forgiveness, please click here to view our alert on that topic. Despite the critical importance of forgiveness, the process for applying ...
Kiva Business Loans: 2024 Review
Bankrate.com· 14 hours agoKiva microloans operate on a crowdfunding, peer-to-peer model. They have minimal requirements and could be a good option for smaller businesses or startups.
Gov. Abbott: SBA assistance approved for counties impacted by Texas Panhandle wildfires
Amarillo Globe-News· 5 days agoGovernor Greg Abbott announced Wednesday that the U.S. Small Business Administration (SBA) has...
SBA Issues Fresh Guidance and Streamlined Forgiveness Application
The National Law Review· 4 days agoOn June 16, the Small Business Administration released an updated PPP Loan Forgiveness Application (SBA Form 3508) and a simplified version for certain ...
COVID-19 Update: Federal Investigators Prepare to Investigate and Prosecute Fraud in Emergency Loan...
The National Law Review· 5 days agoAnother component is direct funding to the Treasury Department...
Inside the CARES Act: COVID-19 Loan Forgiveness Relief—a Section 1106 Primer
The National Law Review· 6 days agoSection 1106 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act provides loan forgiveness for certain qualifying Small Business Administration (SBA ...
How to Get a Business Loan: 11 Steps to Funding Your Vision
Bob Vila via Yahoo News· 6 days agoBusiness loans provide funds that business owners can use to improve their businesses. Learning how...
SBA Rolls Out Paycheck Protection Program
The National Law Review· 4 days agoOn April 2, 2020, the Small Business Administration (SBA) issued an Interim Final Rule aimed at clarifying previous guidance related to the PPP. Application Form...is a revised ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 6 days agoAs noted in a prior Katten Financial Markets and Funds advisory, the PPP...
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