On Friday, June 5, 2020, the Paycheck Protection Program Flexibility Act (PPPFA) became law. The PPPFA amends certain provisions of the Paycheck Protection Program (PPP). Among other things, the PPPFA is largely aimed at...more
6/9/2020
/ Borrowers ,
Exemptions ,
Federal Loans ,
Hiring & Firing ,
Lenders ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Payroll Expenses ,
Payroll Taxes ,
SBA ,
Small Business ,
Small Business Loans ,
Tax Deferral ,
U.S. Treasury ,
Wage and Hour
On April 15, 2020, the U.S. Small Business Administration issued a new interim final rule (link) (the “Guidance”) that supplements prior guidance with respect to the Paycheck Protection Program (the “PPP”). Among other...more
4/21/2020
/ Borrowers ,
Business Income ,
Business Taxes ,
Corporate Taxes ,
Eligibility Determination ,
Lenders ,
Limited Liability Company (LLC) ,
New Guidance ,
Partnerships ,
Paycheck Protection Program (PPP) ,
SBA ,
Small Business Loans