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Bouncebackability – UK Government Unveils Latest Coronavirus Loan Scheme Variant For Smaller ...
The National Law Review· 5 days agoSitting alongside the CCFF, CLBILS and CBIL, the new scheme is targeted at the very smallest businesses that have otherwise been unable to access credit. The scheme, called ...
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 ...
Temporary Relief for Connecticut-Based Businesses
The National Law Review· 2 days agoIn response to the coronavirus (COVID-19) outbreak, Connecticut has established the Connecticut Recovery Bridge Loan Program (the “Program”). The Program ...
Some Financial Businesses May Be Ineligible for the SBA's Paycheck Protection Program
The National Law Review· 3 days ago...likely precluded from applying for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) as a result of an Interim Final Rule (IFR) published by the USSmall Business Administration (SBA) on April 2.1 Impacted businesses include banks,...
The Evolution of Alternative Financing: Navigating Modern Funding Solutions for Small Businesses
TechBullion· 3 days agoDiverse alternative financing options cater to different business needs and preferences....
COVID-19: Understanding the Borrower Certification Requirements under the Paycheck Protection...
The National Law Review· 2 days 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 ...
Part III: The RESTART Act and the Long-term Recovery Sector Loan Program
The National Law Review· 2 days ago...The second part of this Alert details the proposed “Long-term Recovery Sector Loan” program introduced in late July by Senators Marco Rubio (R-FL) and Susan Collins (R-ME) in proposed legislation titled the Continuing Small Business Recovery and Paycheck Protection Program Act.
Frequently Asked Questions: Paycheck Protection Program Loan Forgiveness
The National Law Review· 2 days agoOn May 15, 2020, the Small Business Administration (SBA) and the U.S. Treasury Department released their much anticipated Loan Forgiveness ...
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 ...
Federal Emergency Relief Risk Mitigation: The Paycheck Protection Program
The National Law Review· 6 days agoOn April 28, 2020, Treasury Secretary Mnuchin announced that the Small Business Association would be conducting a “full audit” of any loans over $2 million ...
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