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Top 10 Insights from the SBA’s PPP Loan Forgiveness Application
The National Law Review· 7 days agoOn May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application (available here ...
SBA Provides Safe Harbor For Certifying Need For PPP Loans
The National Law Review· 4 days agoNew SBA guidance says PPP borrowers of under $2 million are granted safe harbor and deemed to have made required good-faith certification of necessity.
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 2 days agoTreasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness Application ...
If You File a Schedule C, Take Note: SBA Offers Guidance for Self-Employed PPP Loan Applicants
The National Law Review· 7 days agoFrom April 3 through April 14, 2020, the Small Business Administration ("SBA") has guaranteed over one million loans under the Paycheck Protection Program ("PPP< ...
Additional Guidance Issued on PPP Loan Forgiveness, Loan Review Procedures
The National Law Review· 3 days agoThe rule does not provide a time frame within which a business must submit the loan forgiveness application. The rule does clarify that a lender has 60 ...
PPP Loan Audits Could Affect Millions of Borrowers | JD Supra
JD Supra· 4 days agoLoan recipients of potential audits related to the SBA’s Office of Inspector General’s estimate that up to one-third of PPP Loans showed ...
What the Hospitality Industry Should Know About New Regulations and Guidance for the CARES Act
The National Law Review· 6 days agoGroup 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 ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 2 days agoThe first part of the alert discusses the Reviving the Economy...supporting the legislation. The RESTART Act’s primary appeal is that it is a long-term loan program available ...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 3 days agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan program ...
JD Supra: Paycheck Protection Program Enforcement Likely to Continue with Focus on More Complex...
JD Supra· 5 days agoRecent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False Claims Act (FCA) enforcement actions ...
