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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

U.S. Senate Approves Additional Funding for Small Business Relief

On Tuesday, April 21, the U.S. Senate passed the Paycheck Protection Program and Health Care Enhancement Act (the “Enhancement Act”), which is intended to, among other things, replenish the depleted funds for the paycheck...more

Federal Reserve Announces New Programs for Mid-Size Business Relief

In addition to its much-discussed small business relief programs, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act” or the “Act”) included $500 billion in funds for relief for businesses not otherwise...more

So You Qualify for a Paycheck Protection Loan... Now What?

Since the end of last week when the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act” or the “Act”) was signed into law, there has been a lot of discussion about the new Small Business Administration (“SBA”)...more

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