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Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 6 hours agoYou can find Part I (President Trump’s Executive Actions) here and Part II (PPP Revisions and Second PPP Loans) here. The first part of the alert discusses ...
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 8 hours agoDepartment released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness Application) for the Paycheck Protection Program (PPP), ...
IRS Confirms PPP-Funded Expenses Are Non-Deductible
The National Law Review· 9 hours agoLiterally tens of thousands of businesses received Paycheck Protection Program (PPP) loans under the CARES Act. The legislation was passed very quickly to avert a potential ...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 2 days 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 ...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 2 days 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 ...
Brevard political consultant, Space Coast Rocket owner, arrested for alleged PPP loan fraud
Florida Today via Yahoo Finance· 1 day agoRobert Burns, a Brevard County political consultant and owner of the Space Coast Rocket local news...
Peter Piper Pizza donates over $5K to the El Paso Children’s Hospital Foundation
KTSM via Yahoo News· 14 hours agoEL PASO, Texas (KTSM) — A pizza chain raised money to help the El Paso Children’s Hospital...
PPP fraud investigation by state watchdog finds $7.2 million in improper loans
Chicago Sun-Times· 7 days agoSince the coronavirus pandemic began here in early 2020, the Office of Executive Inspector General...
Column: Are Republicans who got pandemic debt relief hypocrites for complaining about student debt...
LA Times via AOL· 2 days agoRepublicans criticizing Biden's student debt relief plan took millions of dollars in pandemic relief...
PPP Fraud and Appeals Update
The National Law Review· 6 days agoWhile 2020 is (fortunately) in the rearview mirror, issues involving the pandemic-era Paycheck Protection Program (PPP) and the Economic Injury Disaster Loans (EIDL) are ( ...