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Sole Proprietorship Small Business Administration

Lowenstein Sandler LLP

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

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

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

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

Schwabe, Williamson & Wyatt PC

PPP: Changes by the Biden-Harris Administration

On February 22, 2021, the Biden-Harris Administration and the Small Business Administration (“SBA”) announced the taking of certain steps with the Paycheck Protection Program (“PPP”) to further promote equitable relief for...more

Buckingham, Doolittle & Burroughs, LLC

Get ready for Paycheck Protection Program Round 2: PPP Loans return in newest COVID-19 relief bill with added tax benefits and...

On December 21st, Congress passed a new COVID-19 relief bill titled the Consolidated Appropriations Act that provides for a variety of financial stimulus measures, including $325B in aid for small businesses, $166B in...more

Chambliss, Bahner & Stophel, P.C.

Finally! Initial PPP Loan FAQs Released

This afternoon, the Small Business Administration (SBA) and the Treasury Department published a set of frequently asked questions concerning forgiveness of loans under the Paycheck Protection Program (PPP). The new FAQs...more

Hinshaw & Culbertson LLP

SBA and Treasury Provide PPP Loan Forgiveness Applications

Last month, the U.S. Treasury and the Small Business Administration (SBA) released two Paycheck Protection Program (PPP) loan forgiveness applications. The first was a new EZ PPP loan forgiveness application with instructions...more

Chambliss, Bahner & Stophel, P.C.

Additional Relief Possibilities for Health Care Providers Under PPP

Late on April 16, 2020, the SBA announced that its Paycheck Protection Program (PPP) was out of funding and the agency would not be accepting any more applications for the $349 billion program. This left many small business...more

Lowenstein Sandler LLP

SBA Paycheck Protection Program Update: Sole Proprietorships and Independent Contractors

Lowenstein Sandler LLP on

On April 14, 2020, the Small Business Administration (SBA) issued its third Interim Final Rule (the Third Interim Final Rule) on the Paycheck Protection Program (PPP) created by the CARES Act. Specifically, the Third Interim...more

Sands Anderson PC

What Can the CARES Act Do for Your Organization?

Sands Anderson PC on

The Coronavirus Aid, Relief, and Economic Security (CARES) Act is now U.S. law. The Act offers relief to small businesses by creating more favorable terms for loans provided by the Small Business Administration. If you own or...more

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