Michael Maglio

Michael Maglio

Robinson & Cole LLP

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PPP Update: Treatment of Owners and Forgiveness of Certain Nonpayroll Costs

On August 24, 2020, the U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury (Treasury), released guidance with regard to the forgiveness of Paycheck Protection Program (PPP) loans in...more

9/1/2020  /  CARES Act , Coronavirus/COVID-19 , Financial Stimulus , Interim Final Rules (IFR) , Loan Forgiveness , Paycheck Protection Program (PPP) , Payroll Expenses , Relief Measures , SBA Lending Programs , Small Business
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