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FAQ: CARES Act SBA Loan Programs - UPDATED February 2021

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was the largest economic relief bill in United States history and supported individuals and businesses affected...more

The New Stimulus Bill's Sweeping Changes To The Paycheck Protection Program

The Paycheck Protection Program (PPP), originally part of the March 27, 2020, CARES Act, has undergone several changes since its inception, including June’s PPP Flexibility Act, a myriad of Interim Final Rules and other...more

FAQ: Paycheck Protection Program Forgiveness For Borrowers - UPDATED November 2020

On May 22, 2020 the SBA and Department of the Treasury released the long awaited Interim Final Rule on Forgiveness of Paycheck Protection Program (PPP) Loans and the Interim Final Rule on SBA Loan Review Procedures, both of...more

FAQ: CARES Act SBA Loan Programs-UPDATED September 2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: Paycheck Protection Program Forgiveness For Borrowers-UPDATED September 2020 #1

On May 22, 2020 the SBA and Department of the Treasury released the long awaited Interim Final Rule on Forgiveness of Paycheck Protection Program (PPP) Loans and the Interim Final Rule on SBA Loan Review Procedures, both of...more

FAQ: CARES Act SBA Loan Programs-UPDATED August 2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: Paycheck Protection Program Forgiveness for Borrowers-UPDATED August 2020 #1

On May 22, 2020 the SBA and Department of the Treasury released the long awaited Interim Final Rule on Forgiveness of Paycheck Protection Program (PPP) Loans and the Interim Final Rule on SBA Loan Review Procedures, both of...more

FAQ: CARES Act SBA Loan Programs-UPDATED July, 2020 #2

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs-UPDATED July, 2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs-UPDATED June, 2020 #4

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: Paycheck Protection Program Forgiveness For Borrowers-UPDATED June, 2020 #4

On May 22, 2020 the SBA and Department of the Treasury released the long awaited Interim Final Rule on Forgiveness of Paycheck Protection Program (PPP) Loans and the Interim Final Rule on SBA Loan Review Procedures, both of...more

FAQ: CARES Act SBA Loan Programs-UPDATED June,2020 #3

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: Paycheck Protection Program Forgiveness for Borrowers-UPDATED June, 2020 # 3

On May 22, 2020 the SBA and Department of the Treasury released the long awaited Interim Final Rule on Forgiveness of Paycheck Protection Program (PPP) Loans and the Interim Final Rule on SBA Loan Review Procedures, following...more

FAQ: CARES Act SBA Loan Programs- UPDATED June, 2020 #2

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: Paycheck Protection Program Forgiveness For Borrowers-UPDATED June, 2020 #2

On May 22, 2020 the SBA and Department of the Treasury released the long awaited Interim Final Rule on Forgiveness of Paycheck Protection Program (PPP) Loans and the Interim Final Rule on SBA Loan Review Procedures, following...more

FAQ: CARES Act SBA Loan Programs-UPDATED June,2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: Paycheck Protection Program Forgiveness For Borrowers- UPDATED June, 2020 #1

On May 22, 2020 the SBA and Department of the Treasury released the long awaited Interim Final Rule on Forgiveness of Paycheck Protection Program (PPP) Loans and the Interim Final Rule on SBA Loan Review Procedures, following...more

Senate Passes House Bill Modifying The PPP Loan Program

Wednesday night, the Senate unanimously passed the House Bill known as the Paycheck Protection Program Flexibility Act of 2020. The signing of this Act into law by the President is imminent. This bipartisan legislation...more

FAQ: CARES Act SBA Loan Programs-UPDATED June, 2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: Paycheck Protection Program Forgiveness For Borrowers

On May 22, 2020 the SBA and Department of the Treasury released the long awaited Interim Final Rule on Forgiveness of Paycheck Protection Program (PPP) Loans and the Interim Final Rule on SBA Loan Review Procedures, following...more

Application For PPP Loan Forgiveness Released By SBA And Treasury

The eight-week “covered period” for the initial group of Paycheck Protection Program (PPP) Borrowers is nearing an end, and such Borrowers have been waiting for the Small Business Administration’s (SBA) promised guidance...more

Safe Harbor Further Extended For PPP Loan Repayment

Safe Harbor Extension- On May 13, 2020, the Small Business Administration (SBA) extended the safe harbor repayment date provided to certain recipients of Paycheck Protection Program (PPP) loans. This repayment date, which...more

SBA Extends Safe Harbor For PPP Fund Repayment

As businesses continue to apply for and receive funds through the Paycheck Protection Program (PPP), the Small Business Administration (SBA) is providing ongoing guidance. Notably, the SBA published FAQ 31 on April 23, 2020...more

FAQ: CARES Act SBA Loan Program -UPDATED May, 6 2020

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs-UPDATED May,4 2020

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

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