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SBA Adopts New Process for Absolving Fraudulent Loans in Attempt to Provide Certainty to Affected Businesses

The Paycheck Protection Program (“PPP”) was created on March 27, 2020 as part of the first COVID-19 relief package. Over the past year, Congress appropriated almost $700 billion to the PPP in an effort to provide forgivable...more

A Big Win for Small Businesses: Biden Administration Announces Further Changes to Distribution of PPP

In the wake of COVID-19, small businesses have faced unique challenges and hardships. In response, the government created a federal relief program under the CARES Act, the Paycheck Protection Program (PPP), aimed toward...more

Senate COVID-19 Emergency Bill Delivers Assistance to U.S. Small Businesses

Congressional and executive branch leaders reached an agreement on a $2 trillion relief package to address the economic impact of COVID-19. The Senate quickly passed the measure, which now moves on to the House for a...more

SBA Offers Small Business COVID-19 Emergency Disaster Loans

Last week, Congress passed the Coronavirus Preparedness and Response Supplemental Appropriations Act to provide relief for the COVID-19 pandemic. As part of this Act, Congress provided the Small Business Administration (SBA)...more

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