Oct 15, 2020 | Firm Overview Articles, Business & Corporate Law News
The Small Business Administration (SBA) in consultation with Treasury issued a new Frequently Asked Question regarding the Paycheck Protection Program loan forgiveness application timeline. SBA clarified that a borrower may submit a loan forgiveness application any...
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...
Oct 9, 2020 | Firm Overview Articles, Business & Corporate Law News
The Small Business Administration (SBA) in consultation with Treasury issued a new Frequently Asked Question regarding the Paycheck Protection Program Flexibility Act of 2020 (Flexibility Act). As background, the Flexibility Act extended the deferral period for...
Jun 23, 2020 | Firm Overview Articles, Business & Corporate Law News
On Friday, the Small Business Administration (SBA) and Treasury agreed to publish the names and amount ranges for all recipients of Paycheck Protection Program (PPP) loans between $150,000 and $10.0 million. The SBA will disclose the business names, addresses, NAICS...
May 27, 2020 | Firm Overview Articles, Business & Corporate Law News
Rev. 06/01/2020 On May 22, 2020, the Small Business Administration (SBA) in consultation with Treasury released an Interim Final Rule addressing PPP loan forgiveness. This long-awaited guidance provides some clarity to questions that had been raised about how PPP loan...