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1. • Top 10 Insights from the SBA’s PPP Loan Forgiveness Application

     The National Law Review· 6 days ago

     On May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application

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

     The National Law Review· 3 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.

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

     The National Law Review· 19 hours ago

     Treasury Department released their much anticipated Loan Forgiveness Application and corresponding instructions (Forgiveness Application

4. • SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act

     The National Law Review· 2 days ago

     The...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, ...

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

     JD Supra· 3 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 ...

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

     The National Law Review· 6 days ago

     Over 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< ...

7. • Overview of the CARES Act's Paycheck Protection Loan Program

     The National Law Review· 2 days ago

     Among the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business

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

     The National Law Review· 2 days ago

     ...some financial markets and funds businesses are likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act...Final Rule (IFR) published by the US Small Business Administration (SBA) on April 2.1 Impacted businesses include...

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

     The National Law Review· 3 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

10. • COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection ...

      The National Law Review· 1 day ago

      Under 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 ...