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SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 4 days agoNew SBA guidance says PPP borrowers of under $2 million are granted safe harbor and deemed to have made required good-faith certification ...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 6 days agoOver 4,600 lenders throughout the U...serving as conduits for distributing $349 billion in federal loan funds made available for the PPP, with approximately ...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 6 days agoPeriod” for loan forgiveness has not changed – this is still the eight-week period that starts on the first date of disbursement of the PPP loan ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 3 days ago...likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) as a result of...Interim Final Rule (IFR) published by the US Small Business Administration (SBA) on April 2.1 Impacted businesses include banks,...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 3 days agoThe SBA is authorized to audit all PPP Loan borrowers’ compliance with the eligibility and other requirements established ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 1 day agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan ...
The PPP Turns Four: Lessons Learned and What Lies Ahead | JD Supra
JD Supra· 1 week agoFour years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in what would become the largest Small & ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 1 day 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 ...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 2 days agoThe PPP is intended to provide an incentive to small businesses to retain their workers during this crisis by offering government-backed loans that, if ...
Banks Push the Envelope in COVID-19 Climate
New Jersey Business Magazine· 1 week agoOn the commercial assistance side of the ledger, New Jersey banks have (at press-time), helped businesses by making a total of 124,489 Paycheck...
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