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Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 1 week agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 1 week agoThere is growing concern among PPP Loan recipients of potential audits related to the SBA’s Office of Inspector General’s estimate that ...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 1 week agoNew SBA guidance says PPP borrowers of under $2 million are granted safe harbor and deemed to have made required good-faith certification of necessity.
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 6 days agoTreasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness ...
The PPP Turns Four: Lessons Learned and What Lies Ahead | JD Supra
JD Supra· 2 weeks agoFour years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in what would become the largest Small Business Administration ...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 2 weeks agoFrom April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection Program ("PPP< ...
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 7 days agoThe rule does not provide a time frame within which a business must submit the loan forgiveness application. The rule does clarify that ...
What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act
The National Law Review· 1 week agoGroup 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 ...
PPP Compliance Considerations for Federal Funding Novices
The National Law Review· 2 weeks agoWhile the quick action by the government has put...government agency responsible for implementing this massive new program, the Small Business Administration (“SBA”), has ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 7 days agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program ...