On December 27, 2020, Congress passed the Economic Aid Act, another COVID-19 relief bill with changes to the Paycheck Protection Program (“PPP”) and the opportunity for many PPP loan recipients to apply for a second loan,...more
1/12/2021
/ Business Expenses ,
CARES Act ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Loan Forgiveness ,
NAICS ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Personal Protective Equipment ,
Property Damage ,
Publicly-Traded Companies ,
Relief Measures ,
SBA ,
SBIC ,
Small Business
The Small Business Administration Office of Hearings and Appeals (SBA OHA) has begun accepting appeals of certain SBA loan review decisions under the Paycheck Protection Program (PPP), pursuant to an SBA interim final rule on...more
9/14/2020
/ Appeals ,
CARES Act ,
Equal Access to Justice Act ,
Freedom of Information ,
Interim Final Rules (IFR) ,
IRS ,
Loan Forgiveness ,
Office of Hearings and Appeals (OHA) ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
SBA ,
Self-Certification
As additional and conflicting guidance on Paycheck Protection Program (PPP) loans is released by the Small Business Administration (SBA), uncertainty about eligibility and loan forgiveness has persisted. In connection with...more