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1. • SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act

     The National Law Review· 6 days ago

     The PPP is intended to provide an incentive to small businesses to retain their workers during this crisis by offering government-backed loans that, if the applicable conditions ...

2. • 

     Funding Circle gets final nod for SBA 7(a) loans amid pushback

     Banking Dive via Yahoo Finance· 2 weeks ago

     The London-based company received final approval to proceed with the 7(a) lending program around...

3. • 

     Banks Push the Envelope in COVID-19 Climate

     New Jersey Business Magazine· 2 weeks ago

     When it comes to philanthropic initiatives during the COVID-19 pandemic, New Jersey’s financial institutions are pushing the envelope in terms of care to...

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

     JD Supra· 1 week ago

     The SBA is authorized to audit all PPP Loan borrowers’ compliance with the eligibility and other requirements established at the time of a borrower’s application ...

5. • NH man agrees to sell yacht bought with COVID-19 funds, hand over proceeds to government

     New Hampshire Union Leader, Manchester via Yahoo Finance· 7 days ago

     Apr. 16—A New Hampshire man accused of fraudulently obtaining more than $340,000 in COVID-19 government loans and using the money to buy a yacht has agreed ...

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

     The National Law Review· 1 week ago

     Lenders have felt the urgency in which business applicants wish to obtain loan funds to maintain payroll and business operations during ...

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

     JD Supra· 2 weeks 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< ...

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

     The National Law Review· 7 days ago

     As noted in a prior Katten Financial Markets and Funds advisory, the PPP was one of several measures enacted by Congress under the CARES Act to provide small businesses with ...

9. • DOJ and Private Whistleblowers Pursue Marijuana-Related Businesses for Alleged Violations of COVID...

     JD Supra· 4 days ago

     The U.S. Department of Justice (DOJ) is investigating cannabis and marijuana-related businesses that allegedly took COVID-19 relief loans ...

10. • 

      Florida school teacher hit with $20,000 bill for loan he never took out

      WKMG ClickOrlando· 1 week ago

      Timothy Bunnell, a robotics elementary school teacher in Lake County and a longtime Disney cast...