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COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection ...
The National Law Review· 11 hours 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 by the Small ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 1 day agoAt least some financial markets and funds businesses are likely precluded from applying for the Paycheck Protection Program (PPP) under ...
Treasury Department Releases Vital Paycheck Protection Program Information
The National Law Review· 17 hours agoThe Much-Anticipated CARES Act Provided for the Paycheck Protection Program, Which is Meant to Help Small Businesses Both Retain Their Employees and Meet Their Rent and Other Operating...
Overview of the CARES Act's Paycheck Protection Loan Program
The National Law Review· 1 day agoAmong the provisions of the CARES Act is the Paycheck Protection Loan Program (“PPP”), a new $349 billion forgivable business loan < ...
SBA Publishes Sample Application for Payroll Protection Program Loans Under CARES Act
The National Law Review· 19 hours agoThe PPP is intended to provide an incentive to small businesses to retain their workers during...
Paycheck Protection Program Rebooted
The National Law Review· 4 days agoFinal Rules (IFR) (First Draw PPP Loan IFR and Second Draw PPP Loan IFR, respectively) to implement changes to the Paycheck Protection Program& ...
JD Supra: Paycheck Protection Program Enforcement Likely to Continue with Focus on More Complex...
JD Supra· 3 days agoRecent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False ...
COVID Stimulus Money Lined the Pockets of Scammers and Fueled Inflation
Reason.com via Yahoo Finance· 9 hours agoBusiness Administration's Inspector General found more than $200 billion stolen from the Economic...
Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program
The National Law Review· 4 days agoThe PPP was created as part of the CARES Act in response to the COVID-19 crisis. It was designed to help small U.S. companies...
Latest Guidance on Paycheck Protection Loan Program under the CARES Act
The National Law Review· 2 days agoLate 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 (Revised Application). While SBA and Treasury continue ...