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SBA Releases Questionnaire for PPP Economic Necessity Certification for Borrowers of $2 Million or Greater

All applicants for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act were required to certify in good faith that current economic uncertainty made the PPP loan...more

False Claims Act and Other Potential Liability for Misuse of Paycheck Protection Program Loans

In response to the economic crisis caused by the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, was signed into law and dedicated $349 billion to the Paycheck Protection Program, or...more

Update: Paycheck Protection Program Guidance for Sole Proprietors, Self-employed Individuals and Independent Contractors

The SBA released a supplemental interim final rule today to provide further guidance for individuals applying to the Paycheck Protection Program (PPP), the cornerstone small business lending program under the Coronavirus Aid,...more

SBA Paycheck Protection Program with Eligibility Questionnaire

On Friday, April 3, 2020, eligible lenders began accepting applications for loans under the $349 billion Paycheck Protection Program, the cornerstone lending program under the Coronavirus Aid, Relief, and Economic Security...more

CARES Act Title IV Mid-Sized Business Relief

The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, provides some financial help to businesses across the United States. For small businesses (generally enterprises with 500 or fewer employees), the Act...more

CARES Act/Stimulus Package and COVID-19 Response

In light of the severe market disruption and economic impact of the COVID-19 pandemic, we are monitoring the government’s response and communicating with companies any relief that may be helpful to manage their business in...more

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