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 6, 2020 | Firm Overview Articles, Business & Corporate Law News
On October 2, the Small Business Administration (“SBA”) announced new requirements related to Paycheck Protection Program (“PPP”) borrowers who experience a change in ownership prior to the determination of forgiveness of the PPP loan. SBA...
May 21, 2020 | Firm Overview Articles, Business & Corporate Law News
Today, the U.S. Department of Agriculture (USDA) announced up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic. Additionally, agricultural producers that are not eligible for USDA Farm Service...
Apr 16, 2020 | Firm Overview Articles, Business & Corporate Law News
The Interim Final Rule published by the Small Business Administration (“SBA”) on April 14, 2020 incudes specific information on calculating the maximum loan amount for individuals with self-employment income who file a Form 1040, Schedule C. Are...
