2 Indian-origin men plead guilty to multimillion-dollar Covid fraud in US
Investing.com· 5 hours agoAll five defendants also...
Congratulations Bankruptcy Graduates! You Are Now Eligible for PPP Loans.
The National Law Review· 17 hours agoTo be eligible for a Paycheck Protection Program ("PPP") loan, the applicant must certify on the borrower application that the applicant ...
PPP Loan Forgiveness and Employees Who Refuse to Come Back to Work
The National Law Review· 21 hours agoMany employers have found themselves in the following situation. First, they were required to furlough or layoff employees due to COVID-19. Second, the employers were fortunate enough to obtain ...
Federal Authorities Focusing on PPP Fraud
The National Law Review· 3 hours agoThe Department of Justice has prioritized the prosecution of fraud arising from the Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief ...
PPP 2.0 Update – Interim Rules and Loan Applications
The National Law Review· 3 days agoUnder the revised PPP, certain borrowers will be eligible to receive either a first draw PPP loan (“PPP First Draw ...
SBA Releases PPP Loan Forgiveness Application and Instructions: Lays Out Calculation Process and...
The National Law Review· 2 days agoOn May 15, 2020, the SBA and the Treasury Department released the long-awaited Paycheck Protection Program (PPP) loan forgiveness application ...
...Paycheck Protection Program: Treasury/SBA Conforms...Final Rule to PPP Flexibility Act...Adds...
The National Law Review· 3 days ago... of the Treasury (Treasury Department) released their latest guidance in the form of Paycheck Protection Program –Revisions to First Interim Final Rule (the Revised Interim Final Rule). ... on June 17, 2020, the Treasury Department and SBA posted a revised simplified application, Form EZ, for ...
COVID-19: Main Street Loan Facilities
The National Law Review· 1 day agoOne of those programs is the Main Street Loan Facility. This program provides for unsecured terms loans in which the bank lender holds ...
PPP Oversight Efforts May Impact Lenders
The National Law Review· 6 days agoRecent press coverage concerning transparency and oversight with respect to the Paycheck Protection Program (“PPP”) has largely focused on PPP& ...
SBA Consent Requirements for M&A Transactions with PPP Loans
The National Law Review· 5 days agoKEY POINTS: Pending and potential mergers and acquisitions (M&A) transactions need to address the existence of a target company's currently outstanding PPP Loan< ...
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