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All You Need to Know About the PPP Loan Forgiveness Application (Updated)

The U.S. Small Business Administration (SBA) recently issued the Paycheck Protection Program (PPP) Loan Forgiveness Application (the Application) along with an Interim Final Rule on Loan Forgiveness (the Forgiveness Final...more

All You Need to Know About the PPP Loan Forgiveness Application

The U.S. Small Business Administration (SBA) recently issued the Paycheck Protection Program (PPP) Loan Forgiveness Application (the Application). Available here, the highly anticipated Application provides important...more

SBA Authorizes PPP Loan Increases for Certain Partnerships

The U.S. Small Business Administration (SBA) issued guidance on May 13, 2020 which authorizes lenders to increase the amount of Paycheck Protection Program (PPP) loans previously disbursed to partnerships that did not have...more

SBA Updates Key Guidance on Good-Faith Certifications Concerning the Paycheck Protection Program

As detailed in our previous information memo available here, the U.S. Treasury Department issued guidance on April 24, 2020 providing safe harbor for borrowers that may not have satisfied the required good-faith certification...more

The “Uncertainty” of the Paycheck Protection Program Economic Uncertainty Certification

One of the seminal programs under the CARES Act is the forgivable Paycheck Protection Program (PPP) loan fund, which has been reported on in depth over the past month. For details on the program and its forgiveness...more

Summary of Federal Relief Loans Available to Small Businesses Amid the COVID-19 Pandemic

Small businesses face unprecedented and unique financial difficulties in wake of the COVID-19 pandemic. This Information Memo provides a comprehensive summary of three main relief programs that may be available to small...more

What to Expect in the CARES Act

Earlier today, the House of Representatives passed and President Trump signed the Coronavirus Aid, Relief and Economic Security Act or the CARES Act (the Act). The Act provides certain relief for businesses and individuals...more

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