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
The Small Business Administration (“SBA”) has issued additional guidance regarding the process for self-employed individuals and sole proprietors and clarifies how partners in a partnership (for example, members of a limited...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