More than a year into the COVID-19 pandemic, the first form of federal relief prepared specifically for restaurants is likely to be delivered soon. Many restaurants have benefited from Paycheck Protection Program (PPP) loans,...more
4/22/2021
/ American Rescue Plan Act of 2021 ,
Business Expenses ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Economic Injury Disaster Loans ,
Eligibility ,
False Claims Act (FCA) ,
Grants ,
IRS ,
Loan Forgiveness ,
NAICS ,
New Guidance ,
New Rules ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
Restaurant Industry ,
SBA ,
Tax Forms
As the government revives its Paycheck Protection Program (PPP) with hundreds of billions of dollars in additional loans available to small businesses, there are fresh signs that government fraud investigations and...more
2/8/2021
/ Borrowers ,
Compliance ,
Coronavirus/COVID-19 ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Eligibility ,
False Claims Act (FCA) ,
FIRREA ,
Fraud ,
Internal Investigations ,
Memorandum of Understanding ,
Paycheck Protection Program (PPP) ,
Risk Factors ,
Safe Harbors ,
SBA ,
Settlement Agreements ,
Whistleblowers
This update amends our prior publication on June 5, 2020, and contains new information based on additional guidance provided by the Federal Reserve on June 8, 2020.
Authorized under the Coronavirus Aid, Relief, and...more
6/11/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Eligibility ,
Federal Funding ,
Federal Reserve ,
Main Street Expanded Loan Facility ,
Main Street Lending Programs ,
Main Street New Loan Facility ,
Main Street Priority Loan Facility ,
Midsize and Large Business Loans