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Summary Of SBA’s PPP Loan Forgiveness Application And Instructions Issued May 15, 2020

The Small Business Administration issued the long-awaited Paycheck Protection Program Loan Forgiveness Application (the “Application”) together with instructions (the “Instructions”), on May 15, 2020. The Application...more

Guidance For Lenders On PPP Forgiveness

The Small Business Administration issued the long-awaited Paycheck Protection Program Loan Forgiveness Application (the “Application”), together with instructions (the “Instructions”), on May 15, 2020. The Application...more

PPP Safe Harbor Repayment Deadline Extended, Treasury Promises Additional Guidance

Late on Tuesday, May 5, 2020, the US Treasury Department extended the deadline for a safe harbor repayment of PPP loan funding from May 7 to May 14 and promised additional guidance on how the Small Business Administration...more

Senate Passes Paycheck Protection Program And Health Care Enhancement Act To Add $310 Billion To Paycheck Protection Program

The United States Senate passed a bill on Tuesday, April 21, to increase the $349 billion cap under the Paycheck Protection Program (PPP). The “Paycheck Protection Program and Health Care Enhancement Act” would add another...more

Comprehensive Overview Of The Paycheck Protection Program

On March 27, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, a historic $2 trillion stimulus package to provide financial assistance to individuals and businesses. One of the most...more

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