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PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 1 week agoIn March of this year, the SBA began referring around $20 billion in delinquent PPP Loans with balances of less than $100,000 to the Treasury Department for collection, and ...
Banks Push the Envelope in COVID-19 Climate
New Jersey Business Magazine· 2 weeks 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...
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 & ...
Paycheck Protection Program Rebooted
The National Law Review· 1 week agoThe Economic Aid Act establishes First Draw PPP loans similar to the prior program under Section 7(a)(36) of the Small Business Act and Second Draw < ...
PPP Compliance Considerations for Federal Funding Novices
The National Law Review· 2 weeks agoWhile the quick action by the government has put money quickly into the hands of small businesses, the government agency responsible for implementing this massive new program ...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 1 week agoFrom April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection Program ("PPP< ...
What will Prop G’s $72 million for economic development in Dallas go toward?
Dallas Morning News· 29 minutes agoOne of those items they’ll be voting on is Proposition G, a $72.3 million proposition aimed at...
Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 1 week agoWhile the term of the “Covered Period” for loan forgiveness has not changed – this is still the eight-week period that starts on the first date of disbursement of the PPP ...
Objections to student debt relief expose GOP hypocrisy
Las Vegas Sun· 1 day agoThe political world is in an uproar over President Joe Biden’s dispensing of student debt relief....
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. Individual circumstances ...
