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First Day recap of the Paycheck Protection Program rollout

Now that the country has experienced the First Day of the rollout of the Paycheck Protection Program, there has been feedback in the press and from our borrower and lender clients about issues they encountered.  Reviewing...more

Paycheck Protection Program: SBA interim final rule guidance for borrowers

The Small Business Administration issued an Interim Final Rule related to “Business Loan Program Temporary Changes; Paycheck Protection Program.” This Rule is effective on publication in the Federal Register and applies until...more

Paycheck Protection Program offers lifeline for small businesses

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), among other things, established a loan program for small businesses that can immediately infuse working capital to pay certain payroll costs and other...more

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