In recent days, the Small Business Administration (SBA), in consultation with the Department of the Treasury, has published a number of updates to its Paycheck Protection Program (PPP) loan forgiveness rules and loan...more
On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (PPPFA) was signed into law after nearly unanimous passage of the legislation by Congress. The PPPFA significantly overhauls the original PPP loan...more
6/9/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Extensions ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Payroll Taxes ,
Safe Harbors ,
SBA ,
Small Business ,
Small Business Loans ,
Tax Deferral
Late Friday evening, May 15, 2020, the Small Business Administration (SBA), in consultation with the Department of the Treasury, published its long-awaited Paycheck Protection Program (PPP) Loan Forgiveness Application, as...more
Earlier today, the Small Business Administration (SBA), in consultation with the Department of the Treasury, published important clarifying guidance concerning the SBA's review of Paycheck Protection Program (PPP) loan...more