Thomas Denitzio, Jr.

Thomas Denitzio, Jr.

Greenbaum, Rowe, Smith & Davis LLP

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New Paycheck Protection Program Flexibility Act Provides Significant Relief to Borrowers

On Friday, June 5, 2020, President Trump signed the Paycheck Protection Program (PPP) Flexibility Act of 2020, which provides welcome relief to businesses with PPP loans by extending the period for borrowers to use PPP loan...more

6/8/2020  /  CARES Act , Coronavirus/COVID-19 , Loan Forgiveness , Paycheck Protection Program (PPP) , Paycheck Protection Program Flexibility Act of 2020 (PPPFA) , Payroll Expenses , SBA , SBA Lending Programs , Time Extensions

SBA Announces Rule Governing Paycheck Protection Program

On April 2, 2020, the Small Business Administration (SBA) issued its Paycheck Protection Program (PPP) Interim Final Rule, which makes some key changes to the implementation of the PPP program announced in Sections 1102 and...more

4/7/2020  /  CARES Act , Contract Terms , Coronavirus/COVID-19 , Interim Rule , Loans , Paycheck Protection Program (PPP) , SBA
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