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Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 1 day agoTreasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness Application) for the Paycheck Protection
PPP Fraud and Appeals Update
The National Law Review· 7 days agoWhile 2020 is (fortunately) in the rearview mirror, issues involving the pandemic-era Paycheck Protection Program (PPP) and the Economic Injury Disaster ...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 2 days agoThe...government-backed loans that, if the applicable conditions are met – including keeping employees on payroll for eight weeks and using the loan proceeds for payroll, ...
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.S. have been tasked with serving as conduits for distributing $349 billion in federal loan funds made available for the PPP< ...
What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act
The National Law Review· 5 days ago...SBA issued several new questions and answers to their SBA CARES Act FAQs, including Question #40, which indicated that an employer’s ability to obtain forgiveness of a Paycheck Protection Program (“PPP”) loan under the CARES Act might not be adversely affected as a result of an employer being...
Small Business ERTC Deadline, Pandemic Relief Fund Application Service Updated
Digital Journal· 18 hours agoAll employers are encouraged to take the eligibility assessment, even if they were previously disqualified, or have already received loans through the Paycheck Protection Program< ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 3 days agoAt least some financial markets and funds businesses are likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus ...
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection ...
The National Law Review· 2 days agoUnder the CARES Act, an “eligible recipient” was always a broader definition than the “small business concern” that is normally the standard needed to qualify for a loan guaranteed ...
3 former St. Louis-area women accused of pandemic loan fraud
FOX 2 News St. Louis· 3 days agoThree women who used to live in the St. Louis area are accused of committing pandemic loan fraud.
Federal Reserve Announces Updated Guidance Regarding Main Street Lending Program for Small and...
The National Law Review· 4 days agoThe Federal Reserve previously announced that it will establish a $600 billion Main Street Lending Program (Main Street Program) to support lending to small ...