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related to: sba paycheck protection program
COVID-19: SBA Clarifies Affiliation Rules for Paycheck Protection Program
The National Law Review· 16 hours agoOn Thursday, April 2, 2020, the U.S. Small Business Administration (SBA) issued its Interim Final Rule to the Paycheck Protection < ...
CARES Act Paycheck Protection Program
The National Law Review· 1 day agoPaycheck Protection Program allocates almost $350 billion to support emergency loans to qualifying businesses. Through the Paycheck ...
Loans to Directors Under the SBA Paycheck Protection Program
The National Law Review· 4 days agoAn Associate is defined in 13 C.F.R. 120.10 as a Lender’s officer, director, key employee, or holder of 20% or more of a business’ stock. As a result, we do not believe a loan made to a business ...
Paycheck Protection Program: Treasury/SBA Conform First Interim Final Rule to PPP Flexibility Act
The National Law Review· 4 days agoOn June 11, 2020, the Small Business Administration and the U.S. Department of the Treasury released their latest guidance in the form of “Paycheck Protection< ...
Paycheck Protection Program Forgiveness – New Simplified Application for Loans of $50,000 or Less
The National Law Review· 5 days agoEarlier this month, the Small Business Administration (“SBA”) published new guidelines targeted to making forgiveness applications easier on borrowers who received
SBA Updated Interim Final Rule
The National Law Review· 4 days agoOn June 22, the U.S. Small Business Administration (“SBA”) issued an updated interim final rule (the “Rule”) to reflect changes made in loan forgiveness by the Paycheck ...
PPP Safe Harbor Guidance on the Loan Necessity Certification
The National Law Review· 2 days agoThe United States Department of the Treasury (Treasury) and the Small Business Administration (SBA) both continue to issue information and guidance with respect to the < ...
Current PPP Borrowers: How Do I Apply for a Second Draw PPP Loan?
The National Law Review· 1 day agoOn January 6, 2021, the Small Business Administration (SBA) published an Interim Final Rule (IFR) announcing the implementation of the Economic Aid to Hard-Hit Small Businesses ...
The DOJ is Continuing to Target PPP Recipients for Fraud
The National Law Review· 4 days agoThe federal Paycheck Protection Program (PPP) established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act provided ...
The Paycheck Protection Program in Action: Questions About Loan Application Risks
The National Law Review· 4 days agoThe PPP is an expansion of the Small Business Administration (the “SBA”) Economic Injury Disaster Loan program. The PPP...