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Paycheck Protection Program Act Update: Consolidated Appropriations Act, 2021

The Consolidated Appropriations Act, 2021 (the “Act”), which was signed into law on December 27, 2020, includes several updates to the Paycheck Protection Program (the “PPP”) originally established by the Coronavirus Aid,...more

Paycheck Protection Program Act Updates

Since our last update describing changes made to the Paycheck Protection Program (the “PPP”) by the Paycheck Protection Program Flexibility Act of 2020 (the “PPPFA”), which was signed into law by President Trump on June 5,...more

Paycheck Protection Program Flexibility Act and Updates on Foreign Affiliates and Loan Forgiveness

The Paycheck Protection Program Flexibility Act of 2020 (the “PPP Flexibility Act”) was signed into law by President Trump on June 5, 2020, which provides Paycheck Protection Program (the “PPP”) loan borrowers additional time...more

CARES Act: Paycheck Protection Program Loan Forgiveness Application Released

On May 15, 2020, the Small Business Administration (the “SBA”) released the Paycheck Protection Program Loan Forgiveness Application (the “Application”) for borrowers of Paycheck Protection Program (the “PPP”) loans to apply...more

CARES Act: Paycheck Protection Program Guidance Updated

The Small Business Administration (the “SBA”), in consultation with the U.S. Department of the Treasury (the “Treasury”), continues to issue guidance on the Paycheck Protection Program (the “PPP”) by updating its Frequently...more

CARES Act: Additional Guidance on the Paycheck Protection Program

The Small Business Administration (“SBA”), in consultation with the U.S. Department of the Treasury (“Treasury”), continues to issue guidance on the Paycheck Protection Program (“PPP”) by updating its Frequently Asked...more

CARES Act: Paycheck Protection Program (PPP) Additional Guidance and Additional Funds

Following extensive publicity regarding large and publicly-traded businesses that have received loans under the Paycheck Protection Program (the “PPP”), on April 23, 2020, the Small Business Administration (the “SBA”) added...more

CARES Act: Paycheck Protection Program (PPP) FAQs

On April 6, 2020, the Small Business Administration (the “SBA”) in consultation with the Department of the Treasury released additional guidance reflecting the implementation of the Paycheck Protection Program (“PPP”) of the...more

CARES Act Benefits Explained: Key Provisions for Businesses and Nonprofit Organizations

The newly enacted Coronavirus Aid, Relief, and Economic Security Act (commonly known as the “CARES Act”) offers a wide range of benefits and incentives to help businesses weather the economic downturn caused by COVID-19. ...more

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