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FAQ: CARES Act SBA Loan Programs - UPDATED February 2021

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was the largest economic relief bill in United States history and supported individuals and businesses affected...more

The New Stimulus Bill's Sweeping Changes To The Paycheck Protection Program

The Paycheck Protection Program (PPP), originally part of the March 27, 2020, CARES Act, has undergone several changes since its inception, including June’s PPP Flexibility Act, a myriad of Interim Final Rules and other...more

FAQ: CARES Act SBA Loan Programs-UPDATED September 2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

New PPP Guidance On Owner-Employees And Rent/Mortgage Interest Forgiveness

On August 24, 2020, the Small Business Administration (SBA) released a new interim final rule (IFR) regarding permitted forgiveness of loans made under the Paycheck Protection Program (PPP). This new guidance provides relief...more

FAQ: CARES Act SBA Loan Programs-UPDATED August 2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

A Summary Of Recent Additional SEC Guidance on Disclosure, Financial Reporting, And Accounting Practices In Light Of COVID-19

On June 23, 2020, the Division of Corporation Finance of the U.S. Securities and Exchange Commission (SEC) further supplemented its previous guidance to assist public companies in navigating the disclosure challenges brought...more

FAQ: CARES Act SBA Loan Programs-UPDATED July, 2020 #2

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs-UPDATED July, 2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

SBA Releases PPP Loan Recipient Information

On July 6, 2020, the Small Business Administration (SBA) released detailed information regarding loans made under the Paycheck Protection Program (PPP). For loans of $150,000 and above, the SBA disclosed, among other things,...more

FAQ: CARES Act SBA Loan Programs-UPDATED June, 2020 #4

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs-UPDATED June,2020 #3

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs- UPDATED June, 2020 #2

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs-UPDATED June,2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

Senate Passes House Bill Modifying The PPP Loan Program

Wednesday night, the Senate unanimously passed the House Bill known as the Paycheck Protection Program Flexibility Act of 2020. The signing of this Act into law by the President is imminent. This bipartisan legislation...more

FAQ: CARES Act SBA Loan Programs-UPDATED June, 2020 #1

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

Application For PPP Loan Forgiveness Released By SBA And Treasury

The eight-week “covered period” for the initial group of Paycheck Protection Program (PPP) Borrowers is nearing an end, and such Borrowers have been waiting for the Small Business Administration’s (SBA) promised guidance...more

FAQ: CARES Act SBA Loan Program -UPDATED May, 6 2020

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs-UPDATED May,4 2020

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs-UPDATED April,29 2020

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

FAQ: CARES Act SBA Loan Programs- UPDATED April 15 2020

Congress's coronavirus financial relief package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in United States history and will support individuals and businesses affected...more

SBA, Treasury Department Update Paycheck Protection Program Guidance

On April 6, 2020, the U.S. Department of the Treasury and the Small Business Administration (SBA) provided further guidance in connection with the Paycheck Protection Program (PPP), clarifying some areas covered in previous...more

FAQ: Coronavirus Economic Stabilization Act Of 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) established two loan programs intended to provide liquidity to businesses in the United States: (1) the Coronavirus Economic Stabilization Act of 2020 (CESA),...more

FAQ: CARES Act SBA Loan Programs

Disclaimer: The issues discussed below are under further review, and guidance is not complete. Please continue to check back as we continue to update regularly. Paycheck Protection Program (PPP)- Eligibility and...more

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