On June 5, 2020, the Paycheck Protection Program (PPP) Flexibility Act became law. This Act amends the Small Business and CARES Acts to provide additional flexibility to recipients of PPP loans in achieving forgiveness of the...more
On May 22, 2020, the Small Business Administration (“SBA”) released its Interim Final Rule on Loan Forgiveness (the “Loan Forgiveness Rule”), which describes the costs eligible for forgiveness under the Payroll Protection...more
SBA LOANS -
PAYCHECK PROTECTION PROGRAM - SBA LOAN PROGRAM -
The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act has passed the Senate, the House, and has been signed into law by the President on March 27,...more