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COVID Relief Update: This Week at the SBA

This week has seen three significant developments relating to Small Business Administration (“SBA”) programs designed to help businesses weather the lingering impacts of COVID-19....more

Congress “Fixes” Paycheck Protection Program, Allowing More Time to Spend Loan Proceeds and Reducing Required Spend on Payroll...

Yesterday, the U.S. Senate adopted by unanimous consent the U.S. House’s version of the Paycheck Protection Program Flexibility Act of 2020 (Act). We expect the Act to be signed into law this week....more

SBA Releases Paycheck Protection Program Loan Forgiveness Application

As businesses turn their attention from Paycheck Protection Program (“PPP”) loan eligibility to loan forgiveness, the U.S. Small Business Administration (“SBA”) has released the Loan Forgiveness Application (“Application”),...more

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