The president today will sign legislation that modifies the Paycheck Protection Program (PPP) retroactively to the date of the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act as follows: 1. Extension...more
On April 23, 2020, the Small Business Administration (SBA) issued clear guidance concerning the Paycheck Protection Program (PPP), mandating borrowers must need the money or else they should pay it back. The guidance is...more
The Senate has approved legislation known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is designed to provide much needed economic relief to individuals and businesses devasted by COVID-19. ...more