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Paycheck Protection Program Open For Business – Again

Congress has breathed a third life into the Paycheck Protection Program – which appeared all but left for dead a scant week ago – and extended the availability of its potentially forgivable loans until August 8, 2020. In...more

Easing Path To Loan Forgiveness, ‘Flex Act’ Modifies Paycheck Protection Program

On June 3, 2020, the Senate unanimously approved H.R., 7010, the Paycheck Protection Program Flexibility Act of 2020, or Flex Act, modifying certain provisions of the CARES Act relating to loan forgiveness under the Paycheck...more

SBA Interim Final Rule Frames Duties Of PPP Borrowers, Lenders

On May 22, 2020, a new interim final rule was posted by the Small Business Administration (SBA) that provides advice to borrowers and lenders concerning SBA’s review process under the Paycheck Protection Program (PPP). The...more

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