Aug 30, 2021 | Firm Overview Articles
On July 13, 2021, the Department of Labor (“DOL”), Health and Human Services (“HHS”), and the Internal Revenue Service (“IRS”) released a joint Interim Final Rule implementing certain provisions of the No Surprises Act, a new law...
Jan 22, 2021 | Firm Overview Articles, Business & Corporate Law News
Overview: The SBA issued an Interim Final Rule and Frequently Asked Questions dated January 19, 2021, to help lenders and borrowers comply with the rebooted Paycheck Protection Program (PPP). The guidance assists borrowers in calculating their reduction in revenue to...
Oct 9, 2020 | Firm Overview Articles, Business & Corporate Law News
The Small Business Administration (SBA) in consultation with Treasury issued new guidance for the Paycheck Protection Program (PPP) addressing a simpler loan forgiveness application for PPP loans of $50,000.00 or less. In the new interim final rule, PPP borrowers with...
May 27, 2020 | Firm Overview Articles, Business & Corporate Law News
On May 22, 2020, the SBA posted an interim final rule which addresses SBA’s reviews of individual PPP loans, processes and timelines for dispositions of PPP loan forgiveness applications, and lender fees. SBA Process for Review of PPP Loans The SBA has clarified...
May 1, 2020 | Firm Overview Articles, Business & Corporate Law News
The SBA issued a new Interim Final Rule yesterday, April 30, 2020, limiting PPP loans for corporate groups to $20 million. Key Highlights: Businesses that are part of a single corporate group cannot receive more than $20 million in PPP loans in the aggregate. A...
