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1. • Part III: The RESTART Act and the Long-term Recovery Sector Loan Program

     The National Law Review· 6 hours ago

     You 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 ...

2. • Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness

     The National Law Review· 8 hours ago

     Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness Application) for the Paycheck Protection Program (PPP), ...

3. • IRS Confirms PPP-Funded Expenses Are Non-Deductible

     The National Law Review· 9 hours ago

     Literally 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 ...

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

     JD Supra· 2 days ago

     In 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 ...

5. • SBA Provides Safe Harbor For Certifying Need For PPP Loans

     The National Law Review· 2 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. Individual circumstances ...

6. • 

     Brevard political consultant, Space Coast Rocket owner, arrested for alleged PPP loan fraud

     Florida Today via Yahoo Finance· 1 day ago

     Robert Burns, a Brevard County political consultant and owner of the Space Coast Rocket local news...

7. • 

     Peter Piper Pizza donates over $5K to the El Paso Children’s Hospital Foundation

     KTSM via Yahoo News· 14 hours ago

     EL PASO, Texas (KTSM) — A pizza chain raised money to help the El Paso Children’s Hospital...

8. • 

     PPP fraud investigation by state watchdog finds $7.2 million in improper loans

     Chicago Sun-Times· 7 days ago

     Since the coronavirus pandemic began here in early 2020, the Office of Executive Inspector General...

9. • 

     Column: Are Republicans who got pandemic debt relief hypocrites for complaining about student debt...

     LA Times via AOL· 2 days ago

     Republicans criticizing Biden's student debt relief plan took millions of dollars in pandemic relief...

10. • PPP Fraud and Appeals Update

      The National Law Review· 6 days ago

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