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New guidance issued on Paycheck Protection Program; loans with original amounts under $2 million will be deemed in good faith

The Treasury and the Small Business Administration (SBA) today updated its set of Frequently Asked Questions (FAQs) with respect to the Paycheck Protection Program (PPP) established under the Coronavirus Aid, Relief, and...more

Treasury and SBA issue new guidance on Paycheck Protection Program and extend the “safe harbor” repayment date to May 14th

The Treasury and SBA today updated a set of Frequently Asked Questions (FAQs) with respect to the Paycheck Protection Program (PPP) established under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in order...more

Obtaining Financial Assistance Under the CARES Act - A Roadmap for US Businesses

The Coronavirus Aid, Relief, and Economic Security Act of 2020 (the CARES Act) offers a range of loans, loan guarantees and other financial assistance to US businesses under a number of programs with different eligibility...more

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