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If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 2 weeks agoOver 4,600 lenders throughout the U.S...serving as conduits for distributing $349 billion in federal loan funds made available for the PPP, with approximately ...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 2 weeks agoThe SBA is authorized to audit all PPP Loan borrowers’ compliance with the eligibility and other requirements established ...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 1 week agoEmployers with fewer than 500 employees and those that are under the applicable Small Business Administration size standards have been eagerly awaiting ...
DOJ and Private Whistleblowers Pursue Marijuana-Related Businesses for Alleged Violations of COVID...
JD Supra· 1 week agoThe U.S. Department of Justice (DOJ) is investigating cannabis and marijuana-related businesses that allegedly took COVID-19& ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 1 week agoRule (IFR) published by the US Small Business Administration (SBA) on April 2.1 Impacted businesses include banks, investment companies ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 1 week ago...always a broader definition than the “small business concern” that is normally the standard needed to qualify for a loan guaranteed by the Small Business Association (SBA) under Section 7(a) of the Small Business Act.[1] Congress intended that the CARES Act would provide badly needed loans to a...
Florida school teacher hit with $20,000 bill for loan he never took out
WKMG ClickOrlando· 2 weeks agoTimothy Bunnell, a robotics elementary school teacher in Lake County and a longtime Disney cast...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 1 week agoThe first part of the alert discusses the ...by Senators Michael Bennet (D-CO) and Todd Young (R-IN) in May, which gained...The RESTART Act’s primary appeal is that it is ...
Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program
The National Law Review· 2 weeks agoThe PPP was created as part of the CARES Act in response to the COVID-19 crisis. It was designed to help small U.S. companies retain ...
JD Supra: Paycheck Protection Program Enforcement Likely to Continue with Focus on More Complex...
JD Supra· 2 weeks agoRecent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False Claims Act (FCA) enforcement actions ...