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Update: SBA Issues Paycheck Protection Program Loan Interim Final Rules, Interest Rate Increased from 0.5% to 1%

As anticipated, things are subject to swift changes as the Small Business Administration (“SBA”) embarks on a regulatory sprint to promulgate rules that will help administer the Paycheck Protection Program (“Program”). The...more

Paycheck Protection Program: Loan Applications Now Available, Submit on April 3, 2020

To cope with the financial impacts of the COVID-19 pandemic, under the Paycheck Protection Program (“Program”) established by the Coronavirus Aid, Relief, and Economic Security Act (“Act”), eligible businesses may receive a...more

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