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Additional Relief Under the Paycheck Protection Program is on Its Way

On December 27, 2020, the President signed into law the Consolidated Appropriations Act, 2021, which included the Economic Aid to Hard-Hit Small Businesses, Non-profits, and Venues Act (the Act), the COVID-Related Tax Relief...more

President Signs Legislation With Substantial Changes To PPP Loan Forgiveness Into Law

Lingering questions pertaining to loan forgiveness, a key feature under the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief, and Economic Security Act (the CARES...more

Congress Passes Legislation With Substantial Changes To PPP Loan Forgiveness

Lingering questions pertaining to loan forgiveness, a key feature under the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief, and Economic Security Act (the CARES...more

Paycheck Protection Program: Are You Feeling Small and Left Out? There May be an Answer for You

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) created a new program within the U.S. Small Business Administration’s (SBA’s) flagship 7(a) Loan Program called the “Paycheck Protection Program” (PPP). Under...more

Paycheck Protection Program: New Loan Application, Interim Final Rule Released On Eve Of Program Opening

We have been monitoring the implementation of the Paycheck Protection Program (PPP) since it was created as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27....more

SBA Affiliation Regulations Impacting Eligibility for Paycheck Protection Program 7(A) Loans

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) created a new program within the U.S. Small Business Administration’s (SBA’s) flagship 7(a) Loan Program called the “Paycheck Protection Program” (PPP)....more

CARES Act Paycheck Protection Program: How Lenders Can Participate

General - The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) created a new program within the U.S. Small Business Administration’s (SBA’s) flagship 7(a) Loan Program called the “Paycheck Protection...more

Overview Of Coronavirus Aid, Relief, And Economic Security Act (CARES Act) Paycheck Protection Program

General - The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) created a new program within the U.S. Small Business Administration’s (SBA’s) flagship 7(a) Loan Program called the “Paycheck Protection Program”...more

Eligibility For SBA's Emergency Loan Program For Businesses Impacted By COVID-19

Q: We have heard about the U.S. Small Business Administration (SBA) emergency loan program for businesses that have been impacted by COVID-19. Are we eligible and how do we apply?...more

More Than $1 Billion in SBA Debenture Leverage Priced at Near-Record Low

A small business investment company (SBIC) is a privately owned and operated investment fund that makes long-term investments in U.S. small businesses and is licensed by the U.S. Small Business Administration (SBA) under the...more

More Than $991 Million in SBA Debenture Leverage Priced

A small business investment company (SBIC) is a privately owned and operated investment fund that makes long-term investments in U.S. small businesses and is licensed by the U.S. Small Business Administration (SBA) under the...more

Description of the Small Business Investment Company Debenture Program - September 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description Of The Small Business Investment Company Program Participation By Unleveraged Funds - May 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - May 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Program Participation by Unleveraged Funds - April 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - April 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - March 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

More Than $986 Million in SBA Debenture Leverage Priced

A small business investment company (SBIC) is a privately owned and operated investment fund that makes long-term investments in U.S. small businesses and is licensed by the U.S. Small Business Administration (SBA) under the...more

Description of the Small Business Investment Company Program Participation by Unleveraged Funds - January 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - January 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - October 2018

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Program Participation by Unleveraged Funds - January 2018

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - January 2018

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

SBA Publishes Final Rule Regarding Ability of SBICs to Finance Passive Businesses

Following a series of delays, on August 18 the U.S. Small Business Administration (SBA) announced that it would withdraw the Final Rule modifying its regulations on the ability of a small business investment company (SBIC) to...more

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