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1. • Grasshopper Debuts Digital Application for SBA Loans

     Digital Journal· 1 day ago

     Small business owners can now get pre-qualified for an SBA 7(a) loan in less than 10 minutes from any device using this online form .

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

     The National Law Review· 4 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 ...

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

     The National Law Review· 2 days ago

     On May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness Application ...

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

     JD Supra· 4 days ago

     There is growing concern among PPP Loan recipients of potential audits related to the SBA’s Office of Inspector General’s estimate that up to one-third ...

5. • If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants

     The National Law Review· 7 days ago

     From April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection Program ("PPP"). Over 4,600 ...

6. • Latest Guidance on Paycheck Protection Loan Program under the CARES Act

     The National Law Review· 4 days ago

     Late in the evening on April 2, the SBA issued an Interim Final Rule on the PPP (the April 2 Rule) and published a revised Application form< ...

7. • Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program

     The National Law Review· 3 days ago

     As noted in a prior Katten Financial Markets and Funds advisory, the PPP...

8. • What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act

     The National Law Review· 6 days ago

     ...Practice Group recently described in a blog post, on May 3, 2020, the 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...

9. • Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program

     The National Law Review· 6 days ago

     On April 28, 2020, Treasury Secretary Mnuchin announced that the Small Business Association would be conducting a “full audit” of any loans over $2 million made pursuant to the Paycheck Protection ...

10. • 

      How To Qualify For A Small Business Grant

      Forbes· 2 days ago

      Starting a small business or a startup can feel both thrilling and overwhelming, especially when it comes to securing funding. While there are various...