On December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (the “Economic Aid Act”) became law. The economy continues to struggle from the effects of the coronavirus pandemic. This new law...more
1/26/2021
/ Borrowers ,
CARES Act ,
Certification Requirements ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Eligibility ,
Loan Forgiveness ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
Small Business ,
Tax Deductions
UPDATED May 14, 2020 – On May 13, 2020, the U.S. Treasury Department announced an additional automatic extension of the Safe Harbor deadline from May 14, 2020 to May 18, 2020.
May 13, 2020 – The rules and ground shifted...more
5/14/2020
/ Audits ,
Borrowers ,
CARES Act ,
Certification Requirements ,
Federal Loans ,
Good Faith ,
Loan Repayment Issues ,
Paycheck Protection Program (PPP) ,
Safe Harbors ,
SBA ,
Small Business ,
U.S. Treasury