The Farm Credit Group here at Nexsen Pruet has compiled the highlights from the Coronavirus Response and Relief Supplemental Appropriations Act (recently passed as part of the Consolidated Appropriations Act of 2021) that...more
The Paycheck Protection Program (PPP), as established by the CARES Act and subsequent guidance found in the PPP Interim Final Rules, provides loans and loan forgiveness based on borrower's certifications and documentation...more
President Trump signed H.R. 7010 – the Paycheck Protection Program Flexibility Act (“PPPFA”) – into law on June 5, 2020. The PPPFA makes several sizable changes to the Paycheck Protection Program (“PPP”). This brief alert...more
The Small Business Administration has released much-anticipated guidance regarding forgiveness of Paycheck Protection Program (PPP) loans. This client alert is provided on May 26, 2020 and, as all participants in this loan...more
For the many small and mid-size businesses impacted by the coronavirus pandemic, the recent CARES Act and other legislation adopted in earlier March 2020 offers businesses various resources for support to sustain business...more