News & Analysis as of

Small Business Paycheck Protection Program (PPP) Biden Administration

Benesch

Paycheck Protection Program (“PPP”) Loan Fraud: A Survey & Analysis of Recent Civil & Criminal Enforcement Outcomes

Benesch on

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who were suffering the...more

PilieroMazza PLLC

Crackdown on Pandemic Fraud: Impact on Small Business Government Contractors

PilieroMazza PLLC on

On March 2, 2023, the White House announced that President Biden intends to ask Congress for $1.6 Billion to combat ongoing fraud related to COVID relief programs, referred to as “pandemic fraud.” This comes in the wake of...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – January 2023 #2

PilieroMazza PLLC on

SBA Releases Preview of New HUBZone Maps Effective July 1, 2023 - HUBZone contractors have been anxiously awaiting updates to the HUBZone maps. In 2021, the Small Business Administration (SBA) extended the “freeze” on the...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – February 2022

PilieroMazza PLLC on

DOJ Recovers Over $5.6 Billion From Fraud and False Claims Act Matters in FY 2021: 6 Key Takeaways - On February 1, 2022, the U.S. Department of Justice (DOJ) announced that it had recovered more than $5.6 billion in Fiscal...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – August 2021 #2

PilieroMazza PLLC on

GOVERNMENT CONTRACTS - Class Deviation Regarding Exceptions to the Limitations on Subcontracting Requirements for Small Business Concerns Under FAR Part 19 - The Civilian Agency Acquisition Council published a...more

Lowenstein Sandler LLP

Paycheck Protection Program Round 2: FAQs For Microbusinesses - June 2021

The Paycheck Protection Program closed on May 28, 2021. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained...more

Lowenstein Sandler LLP

Paycheck Protection Program Round 2: FAQs For Nonprofits

Lowenstein Sandler LLP on

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Nonprofits -UPDATED April 2021 #1

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Miller Canfield

UPDATED: PPP Application Deadline Extended to May 31, 2021

Miller Canfield on

UPDATED, APRIL 5, 2021: On March 30, 2021, President Biden signed the PPP Extension Act of 2021 into law extending the Paycheck Protection Program from March 31, 2021, to June 30, 2021. However, the SBA may not accept new...more

Stoel Rives LLP

COVID Relief Update: This Week at the SBA

Stoel Rives LLP on

This week has seen three significant developments relating to Small Business Administration (“SBA”) programs designed to help businesses weather the lingering impacts of COVID-19....more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Microbusinesses - UPDATED March 2021 #3

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Burr & Forman

PPP Loan Application Date Extended by Congress

Burr & Forman on

President Biden has signed the PPP Extension Act of 2021. The new law extends the Paycheck Protection Program (PPP) application filing deadline from March 31, 2021 to May 31, 2021.  The new law gives qualifying businesses and...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Nonprofits - UPDATED March 2021 #2

Lowenstein Sandler LLP on

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Vinson & Elkins LLP

The American Rescue Plan Act – Targeted Grants And Changes To The Paycheck Protection Program

Vinson & Elkins LLP on

On March 11, 2021, President Biden signed the American Rescue Plan Act into law. This legislation provides additional pandemic relief for small businesses, adds grants for restaurants, increases funding for grants for...more

Schwabe, Williamson & Wyatt PC

American Rescue Plan Act: Changes to Paycheck Protection Program, Certain Tax and ERISA Provisions, and Other Small Business...

On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (the “Act”), the $1.9 trillion pandemic aid bill. The Act contains some limited changes to the Paycheck Protection Program (“PPP”) and...more

ArentFox Schiff

Congress Passes the $1.9 Trillion American Rescue Plan Act of 2021 – Expanded EIDL Eligibility for Many Businesses

ArentFox Schiff on

On March 10, Congress passed the $1.9 trillion American Rescue Plan Act of 2021 (Act), the Biden Administration’s COVID-19 relief bill. The Act made very minor revisions to the Paycheck Protection Program, but...more

Roetzel & Andress

The American Rescue Plan Act Of 2021

Roetzel & Andress on

Update: President Biden signed The American Rescue Plan Act on March 11, 2021- On Wednesday afternoon, Congress passed The American Rescue Plan Act of 2021, a broad, comprehensive policy response to the challenges brought...more

Holland & Knight LLP

American Rescue Plan Act of 2021: Summary

Holland & Knight LLP on

The U.S. House of Representatives on March 10, 2021, passed the Senate-amended H.R. 1319, the American Rescue Plan (ARP). The ARP provides $1.9 trillion in additional relief to respond to the novel coronavirus (COVID-19)....more

Morgan Lewis

Biden Administration Updates Paycheck Protection Program to Focus on Underserved Businesses

Morgan Lewis on

Following the enactment of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act in December 2020, the Biden administration announced several changes to the Paycheck Protection Program on February 22, 2021...more

Levenfeld Pearlstein, LLC

Small Businesses Don't Delay: PPP Exclusivity Period Ends Soon And Other Updates

As we reported at the beginning of the year, the second wave of the Paycheck Protection Program ("PPP2") rolled out additional funding for qualifying second-round PPP borrowers and first-time borrowers that meet eligibility...more

Hinshaw & Culbertson LLP

Biden Administration Issues PPP Loan Revisions Focused on Small Businesses

On Monday, February 22, 2021, the Biden Administration announced changes to the Paycheck Protection Program (PPP) designed to assist small businesses in securing PPP loans. The PPP—which is scheduled to end on March 31,...more

Snell & Wilmer

A Big Win for Small Businesses: Biden Administration Announces Further Changes to Distribution of PPP

Snell & Wilmer on

In the wake of COVID-19, small businesses have faced unique challenges and hardships. In response, the government created a federal relief program under the CARES Act, the Paycheck Protection Program (PPP), aimed toward...more

Proskauer Rose LLP

SBA Prioritizes Smallest of Small Businesses in the Paycheck Protection Program

Proskauer Rose LLP on

On Monday, February 22, 2021, President Biden announced changes to the Paycheck Protection Program (the “PPP”) aimed at providing relief to particularly small businesses and promoting equitable access to the PPP....more

Bailey & Glasser, LLP

Paycheck Protection Program (PPP) Update: Biden Administration Announces Changes to PPP to Further Target Small Businesses

Bailey & Glasser, LLP on

On Monday, February 22, 2021, the Biden administration announced several reforms to the Paycheck Protection Program (PPP), the main U.S. COVID-19 aid program for small businesses, to further ensure equitable access for the...more

McCarter & English, LLP

PPP 2.0 Changes To Prioritize Underserved Small Businesses

President Biden has announced changes to the Paycheck Protection Program 2.0 (PPP) designed to direct more funding to women-owned and minority-owned businesses as well as low- and moderate-income, rural, and other underserved...more

33 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide