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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.

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

     JD Supra· 4 days ago

     There is growing concern among PPP Loan recipients of potential audits related to the SBA’s Office of Inspector General’s estimate that ...

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

     The National Law Review· 3 days ago

     PPP) portion of the CARES Act, passed to address the economic impacts of the ongoing COVID-19 pandemic. The PPP is intended to provide ...

4. • 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 ...

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

     The National Law Review· 3 days ago

     ...) published by the US Small Business Administration (SBA) on April 2.1 Impacted businesses include banks, investment companies, passive real estate...in a prior Katten Financial Markets and Funds advisory, the PPP was one of several measures enacted by Congress under the CARES Act to...certain...

6. • 

     Banks Push the Envelope in COVID-19 Climate

     New Jersey Business Magazine· 1 week 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...

7. • PPP Compliance Considerations for Federal Funding Novices

     The National Law Review· 1 week ago

     While the quick action by the government has put money quickly into the hands of small businesses, the...for implementing this massive new program, the Small Business Administration (“

8. • PPP Fraud and Appeals Update

     The National Law Review· 1 week ago

     While 2020 is (fortunately) in the rearview mirror, issues involving the pandemic-era Paycheck Protection Program (PPP) and the Economic Injury Disaster ...

9. • JD Supra: Paycheck Protection Program Enforcement Likely to Continue with Focus on More Complex...

     JD Supra· 5 days ago

     Recent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False Claims Act (FCA) enforcement actions ...

10. • Cooperation Spares Former NBA Shooting Guard from Prison

      The National Law Review· 6 days ago

      Former National Basketball Association (NBA) shooting guard, Antoine Wright, was sentenced to time served after he pled guilty to conspiracy and aggravated identity theft for his involvement ...