What is the Economic Aid Act?
The Economic Aid Act, among other things, reauthorizes lending under the Paycheck Protection Program (PPP) through March 31, 2021, modifies provisions related to making PPP loans and...more
1/15/2021
/ Borrowers ,
CARES Act ,
Economic Aid Act ,
Interim Final Rules (IFR) ,
IRS ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
Revenue Rulings ,
SBA ,
SBA Lending Programs
On Friday, June 5, the President signed into law the Paycheck Protection Program Flexibility Act (the “Act”). Originally enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March...more
The Paycheck Protection Program (PPP) has provided temporary funding for many businesses of various sizes and across many industries. Once borrowers have received approval and funding (if not sooner), they should focus on...more
5/18/2020
/ Best Practices ,
Business Necessity ,
CARES Act ,
Coronavirus/COVID-19 ,
Employee Retention ,
Full-Time Employees ,
Loan Forgiveness ,
Mortgage Interest ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Rent ,
Required Documentation ,
SBA ,
Small Business Loans ,
Utility Rates