On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (the Act) was signed into law. The Act amends the Paycheck Protection Program (PPP) established by the Coronavirus Aid, Relief, and Economic Security...more
On May 22, 2020, the Small Business Administration (SBA) and the Department of the Treasury (Treasury) issued two Interim Final Rules related to the Paycheck Protection Program (PPP): 1) an Interim Final Rule on loan...more
On April 9, 2020, the Board of Governors of the Federal Reserve System (Federal Reserve) announced the details of the Main Street Lending Program (Program), authorized under Section 13(3) of the Federal Reserve Act and...more
On April 2, 2020, the Small Business Administration (SBA) issued an Interim Final Rule (IFR) regarding the $349 billion Paycheck Protection Program (PPP) under Title I of the Coronavirus Aid, Relief, and Economic Security Act...more