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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 Loans (EIDL) are ( ...
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 Program ...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 6 days agoThe average PPP loan amount so far has been $239,000, though the vast majority of approved loans (70%) have been for $150,000 or less. Lenders have felt ...
What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act
The National Law Review· 5 days ago...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 unable,...
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 ...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 2 days agoAct, passed to address the economic impacts of the ongoing COVID-19 pandemic. The PPP is intended to provide an incentive to small businesses to retain their workers during ...
Small Business ERTC Deadline, Pandemic Relief Fund Application Service Updated
Digital Journal· 19 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 (PPP ...
3 former St. Louis-area women accused of pandemic loan fraud
FOX 2 News St. Louis· 4 days agoThree women who used to live in the St. Louis area are accused of committing pandemic loan fraud.
Earnings call: Mercantile Bank Corporation reports robust Q1 results
Investing.com· 3 days agoThe bank declared a cash dividend of $0.35 per share, while emphasizing growth in core local...
$3M Fraud: Bayville Adventure Park Owner Stole COVID-19 Federal Aid
Daily Voice· 2 days agoAccording to the USAO’s Office, between March 2020 and March 2021 (in the midst of the COVID...