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SBA and Treasury Department to Increase Scrutiny of PPP Loans

The Treasury Department and the Small Business Administration (SBA) updated the Paycheck Protection Program (PPP) frequently asked questions on Dec. 9, 2020, indicating PPP borrowers that obtained a PPP loan of $2 million or...more

Treasury Issues Paycheck Protection Application Regarding Forgiveness

The Department of the Treasury (Treasury) recently issued a Paycheck Protection Program (PPP) Loan Forgiveness Application Form (the Forgiveness Application) that resolves some important questions regarding how borrowers will...more

SBA Gives Notice That Companies With Substantial Market Value and Access to Capital Should Pay Back PPP Loans or Not Take Them in...

On April 23, 2020, the Small Business Administration (SBA) issued clear guidance concerning the Paycheck Protection Program (PPP), mandating borrowers must need the money or else they should pay it back. The guidance is...more

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