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
2/5/2021
/ Borrowers ,
Business Expenses ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Loan Forgiveness ,
NAICS ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Popular ,
SBA ,
Small Business ,
U.S. Treasury
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
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
8/31/2020
/ C-Corporation ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Loan Forgiveness ,
Mortgages ,
New Guidance ,
Paycheck Protection Program (PPP) ,
Rent ,
S-Corporation ,
SBA
As the Small Business Administration (SBA) prepares to accept forgiveness documentation from lenders via its Paycheck Protection Program (PPP) Forgiveness Platform on August 10, 2020, the SBA has issued Frequently Asked...more
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
On May 15, 2020, the Small Business Administration (SBA) and Department of Treasury released the long-awaited application pertaining to the Paycheck Protection Program’s (PPP) loan forgiveness. In a May 18, 2020 alert, we...more
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
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