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Small Business Administration Issues Initial Guidance Covering New Rules for First and Second Draw Loans in the Paycheck...

On December 27, 2020, the Consolidated Appropriations Act, 2021 (the “Appropriations Act”), was signed into law following weeks of negotiations by members of Congress and Executive branch officials. The Appropriations Act...more

Urgent: New Guidance on PPP Loan Certifications

On April 23, 2020, the U.S. Small Business Administration (SBA), in consultation with the U.S. Department of the Treasury, added new guidance to their Paycheck Protection Program (PPP) FAQ document, located here, which...more

CARES Act Summary of Small Business Loan Provisions (as of April 6, 2020)

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (or “CARES”) Act, the largest stimulus in American history (the “Act”). The Act expands eligibility and loosens restraints...more

CARES Act Summary of Small Business Loan Provisions (as of March 31, 2020)

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (or “CARES”) Act, the largest stimulus in American history (the “Act”). The Act expands eligibility and loosens restraints...more

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