Matthew Delguyd

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Updated Summary on Paycheck Protection Program (PPP) Round 2

On January 6, 2021, the SBA issued more detailed guidance on the implementation of Paycheck Protection Program (PPP) round 2. The biggest upshot from the SBA’s releases are that except for a limited set of changes (which are...more

1/14/2021 / CARES Act , Coronavirus/COVID-19 , Federal Loans , Financial Stimulus , Guidance Update , Paycheck Protection Program (PPP) , Relief Measures , SBA , SBA Lending Programs , Small Business

Paycheck Protection Program Round 2

Although not yet signed into law by President Trump, the house and senate have passed a second stimulus bill that provides for a second round of PPP loans up to an aggregate amount of $284 billion. The second round of PPP...more

12/23/2020 / CARES Act , Consolidated Appropriations Act (CAA) , Coronavirus/COVID-19 , Financial Stimulus , Paycheck Protection Program (PPP) , Pending Legislation , Relief Measures , Small Business

Paycheck Protection Loans Frequently Asked Questions (FAQs)

The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the...more

4/7/2020 / CARES Act , Coronavirus/COVID-19 , Financial Stimulus , Paycheck Protection Program (PPP) , Relief Measures , SBA , SBA Lending Programs , Small Business

Forgivable Small Business Loans Related to the CARES Act

The CARES Act authorizes the Small Business Administration (“SBA”) to fully guarantee an additional $349 Billion in Section 7(a) loans to small businesses affected by COVID-19. ...more

3/30/2020 / CARES Act , Coronavirus/COVID-19 , Federal Loans , Financial Stimulus , Government-Guaranteed Loans , Relief Measures , SBA , Small Business

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