The U.S. Small Business Administration (the “SBA”) is requiring lenders to obtain completed “economic need” questionnaires (the “Questionnaire”) from Paycheck Protection Program for-profit and nonprofit borrowers (“PPP...more
11/6/2020
/ Assessment ,
CARES Act ,
Coronavirus/COVID-19 ,
Eligibility ,
For-Profit Corporations ,
Good Faith ,
Liquidity ,
Loan Forgiveness ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
SBA
On May 22, 2020, New York Governor Andrew Cuomo announced the launching of the New York Forward Loan Fund (NYFLF), a loan program providing relief for small businesses or non-profits located in New York State or small...more