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Easing Path To Loan Forgiveness, ‘Flex Act’ Modifies Paycheck Protection Program

On June 3, 2020, the Senate unanimously approved H.R., 7010, the Paycheck Protection Program Flexibility Act of 2020, or Flex Act, modifying certain provisions of the CARES Act relating to loan forgiveness under the Paycheck...more

SBA Issues Affiliation Rules For Paycheck Protection Program

The Small Business Administration (SBA) issued guidance on April 3, 2020, about Affiliation Rules applicable to the U.S. Small Business Administration Paycheck Protection Program (PPP), part of the Coronavirus Aid, Relief and...more

Financial Bailout Options For Businesses Impacted By The COVID-19 Pandemic

Help for small business harmed by the COVID-19 pandemic- Cash-strapped small businesses may find a lifeline in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the economic stimulus act that...more

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