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New law, SBA rule make substantial changes to PPP loan forgiveness

On May 22, 2020, the SBA released its Interim Final Rule on Paycheck Protection Program Loan Forgiveness (“IFR”). On June 5, 2020, the President signed the “Paycheck Protection Program Flexibility Act of 2020.” Both made...more

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

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