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New Paycheck Protection Program Flexibility Act Provides Significant Relief to Borrowers

On Friday, June 5, 2020, President Trump signed the Paycheck Protection Program (PPP) Flexibility Act of 2020, which provides welcome relief to businesses with PPP loans by extending the period for borrowers to use PPP loan...more

SBA Announces Rule Governing Paycheck Protection Program

On April 2, 2020, the Small Business Administration (SBA) issued its Paycheck Protection Program (PPP) Interim Final Rule, which makes some key changes to the implementation of the PPP program announced in Sections 1102 and...more

Title I of the CARES Act: The Paycheck Protection Program and Loan Forgiveness Provisions

Among the many significant provisions of the Coronavirus Aid, Relief and Economic Security Act (CARES Act), signed into law on March 27, 2020, are the paycheck protection program and the terms and conditions for loan...more

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