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Category: COVID-19

October 13, 2020

SBA Simplifies Forgiveness for Borrowers with PPP Loans of $50,000 or Less

On October 8, 2020, the U.S. Small Business Administration (“SBA”) posted a twenty-fifth Interim…

CARES Act, COVID-19, Paycheck Protection Program

October 6, 2020

SBA Issues Guidance on PPP Loans and Changes of Ownership

On October 2, 2020, the U.S. Small Business Administration (“SBA”) issued Procedural Notice No….

CARES Act, COVID-19, News, Paycheck Protection Program

September 3, 2020

IRS Issues Guidance on Payroll Tax Deferral

On August 28, 2020, the Department of Treasury and Internal Revenue Service issued Notice…

CARES Act, COVID-19, News

August 26, 2020

SBA Issues New Rule on Treatment of Owners and Forgiveness of Certain Nonpayroll Costs

On August 24, 2020, the U.S. Small Business Administration (“SBA”) posted a twenty-fourth Interim…

CARES Act, COVID-19, News, Paycheck Protection Program

August 17, 2020

New Interim Final Rule Outlines Process for Appealing SBA Loan Review Decisions

On August 11, 2020, the U.S. Small Business Administration (“SBA”) posted a twenty-third Interim…

CARES Act, COVID-19, News, Paycheck Protection Program

August 10, 2020

President Issues Executive Orders as Negotiations Over Relief Legislation Stall

On Saturday, August 8, 2020, President Trump signed four executive orders extending Coronavirus (COVID-19)…

COVID-19, News, Tax Relief

August 6, 2020

SBA Issues New FAQs on PPP Loan Forgiveness

Updated on August 11, 2020 On August 4, 2020, the U.S. Small Business Administration…

CARES Act, COVID-19, News, Paycheck Protection Program

June 28, 2020

SBA Issues New Rule on Payroll Costs for Fishing Boat Owners

On June 25, 2020, the U.S. Small Business Administration (“SBA”) posted a twenty-second Interim…

CARES Act, COVID-19, News, Paycheck Protection Program

June 28, 2020

SBA Will Release Borrower Data Regarding PPP Loans

On June 19, 2020, the United States Small Business Administration (“SBA”) and the Department…

CARES Act, COVID-19, Paycheck Protection Program

June 14, 2020

SBA Issues Two Rules Revising PPP Eligibility Related to Felony Convictions

The U.S. Small Business Administration (“SBA”) posted two new interim final rules in June,…

CARES Act, COVID-19, News, Paycheck Protection Program