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Navigating the PPP Loan Forgiveness Process can be challenging… Full loan forgiveness is an essential feature of the Paycheck Protection Program (PPP). However, navigating the loan forgiveness process can be challenging, in large part because the regulatory landscape continues to evolve. Basics of PPP Loan Forgiveness The Coronavirus Aid, Relief, and Economic Security (CARES) Act […]

Recipients of large Paycheck Protection Program (PPP) loans continue to face increased scrutiny... Recipients of large Paycheck Protection Program (PPP) loans continue to face increased scrutiny. Under the latest proposed update to the PPP, for-profit and non-profit borrowers receiving amounts of $2 million or more would be required to submit a Loan Necessity Questionnaire to the […]

The Small Business Association (SBA) recently issued a Procedural Notice regarding the procedures required when an entity that has received Paycheck Protection Program (PPP) funds is contemplating a change in ownership... The Small Business Association (SBA) recently issued a Procedural Notice regarding the procedures required when an entity that has received Paycheck Protection Program (PPP) […]

For most small businesses, loan forgiveness is the most attractive aspect of the Paycheck Protection Program (PPP)... For most small businesses, loan forgiveness is the most attractive aspect of the Paycheck Protection Program (PPP). With that in mind, it is imperative to comply with all of the program’s requirements. Over the past several weeks, the […]

The Paycheck Protection Program Flexibility Act makes several key changes to the Paycheck Protection Program… The Paycheck Protection Program Flexibility Act, which President Donald Trump signed into law on June 4, 2020, makes several key changes to the Paycheck Protection Program. The business-friendly changes will help ensure that more businesses will be able to reap […]

For small businesses, the Paycheck Protection Program is one of the most attractive elements of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. For small businesses, the Paycheck Protection Program is one of the most attractive elements of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. In an effort to lessen the economic […]