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Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 2 weeks agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 2 weeks 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.
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 2 weeks agoThere is growing concern among PPP Loan recipients of potential audits related to the SBA’s Office of Inspector General’s estimate that ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 1 week agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 1 week agoThe rule does not provide a time frame within which a business must submit the loan forgiveness application. The rule ...
Metropolitan PD Officer and a Maryland Accountant Plead Guilty to COVID Emergency Loan Fraud, Reaped...
Sierra Sun Times· 2 days agoThe announcement was made by U.S. Attorney Matthew M. Graves, FBI Special Agent in Charge David J....
What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act
The National Law Review· 2 weeks 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 ...
Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program
The National Law Review· 2 weeks agoOn April 28, 2020, Treasury Secretary Mnuchin announced that the Small Business Association would be conducting a “full audit” of any loans over $2 million made pursuant to ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 1 week agoUnder the CARES Act, an “eligible recipient” was always a broader definition than the “small business concern” that is normally the standard needed to qualify for a
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 1 week agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business
