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

     The National Law Review· 4 days 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. • Top 10 Insights from the SBA’s PPP Loan Forgiveness Application

     The National Law Review· 7 days ago

     While the term of the “Covered Period” for loan forgiveness has not changed – this is still the eight-week period that starts on the first date of disbursement of the PPP ...

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

     The National Law Review· 7 days ago

     From April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection Program ("PPP"). Over 4,600 ...

4. • Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program

     The National Law Review· 3 days ago

     ...businesses are likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) as a result of...Final Rule (IFR) published by the US Small Business Administration (SBA) on April 2.1 Impacted businesses include...

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

     JD Supra· 1 week 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 (SBA< ...

6. • Overview of the CARES Act's Paycheck Protection Loan Program

     The National Law Review· 3 days ago

     Among the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program under the Small ...

7. • Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness

     The National Law Review· 2 days ago

     On May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness Application and ...

8. • PPP Loan Audits Could Affect Millions of Borrowers | JD Supra

     JD Supra· 4 days ago

     Loan recipients of potential audits related to the SBA’s Office of Inspector General’s estimate that up to one-third of PPP Loans showed signs of potential ...

9. • SBA approves $300M for Maui wildfire relief

     Honolulu Star-Advertiser· 1 week ago

     A general view shows the aftermath of a devastating wildfire in Lahaina, on Aug. 22, 2023. The Small Business Administration has approved over $300 million in federal disaster assistance loans ...

10. • Part III: The RESTART Act and the Long-term Recovery Sector Loan Program

      The National Law Review· 2 days ago

      The RESTART Act’s primary appeal is that it is a long-term loan program available to businesses with revenue losses of at least 25% and a forgiveness component if certain ...