The Small Business Administration (SBA) has provided additional guidance in connection with the forgiveness of loans issued under the Paycheck Protection Program (PPP). In an Interim Final Rule, the SBA has provided a...more
10/12/2020
/ Borrowers ,
Coronavirus/COVID-19 ,
Employee Retention ,
Federal Loans ,
Financial Stimulus ,
Loan Forgiveness ,
Loan Payments ,
Paycheck Protection Program (PPP) ,
Payment Terms ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business
In its continuing effort to provide guidance on the Paycheck Protection Program, the Small Business Administration (SBA) released new Frequently Asked Questions (FAQs) specifically targeted to the Loan Forgiveness process on...more
8/11/2020
/ Business Expenses ,
CARES Act ,
Compensation & Benefits ,
Coronavirus/COVID-19 ,
Employees ,
Federal Loans ,
Furloughs ,
Loan Forgiveness ,
New Guidance ,
Pay Reductions ,
Paycheck Protection Program (PPP) ,
Payroll Expenses ,
Payroll Taxes ,
Rehiring Issues ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business
The Small Business Administration’s Paycheck Protection Program has provided forgivable loans to businesses designed to maintain employment levels by covering payroll and other expenses during the COVID-19 crisis. While many...more