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PPP Borrowers Can Apply for Forgiveness Early

In a recent interim final rule, the Small Business Administration (“SBA”) clarified that borrowers of paycheck protection program (“PPP”) loans could apply for loan forgiveness prior to the end of a borrower’s covered period...more

Congress Passes PPP Flexibility Act

On June 3, 2020, Congress passed the Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”).  The Flexibility Act modifies several aspects of the forgiveness of paycheck protection program (“PPP”) loans...more

SBA Releases PPP Loan Forgiveness Application

The Small Business Administration (“SBA”) has released the application for the forgiveness of paycheck protection program (“PPP”) loans.  Intended to provide a resource for small businesses to maintain their workforces, these...more

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