SENATE PASSES EXTENSION OF PPP UNTIL AUGUST 8TH
On Tuesday June 30th the Senate passed an 8 week extension of the Payroll Protection Plan until August 8th. The…
SBA INCREASES OWNER’S COMP AVAILABLE FOR PPP FORGIVENESS
On Wednesday June 17th, 2020 the SBA released a revised loan forgiveness application and EZ application for forgiveness of PPP…
PRESIDENT SIGNS PAYCHECK PROTECTION PROGRAM FLEXIBILITY ACT OF 2020 INTO LAW
PRESIDENT SIGNS PAYCHECK PROTECTION PROGRAM FLEXIBILITY ACT OF 2020 INTO LAW On Friday June 5th, the President signed the Paycheck…
HOUSE PASSES PAYCHECK PROTECTION PROGRAM FLEXIBILITY ACT OF 2020
On Friday May 28th, the House passed the Paycheck Protection Flexibility Act of 2020. This bill, while obviously not law…
SBA ISSUES 2 INTERIM RULES REGARDING FORGIVENESS ON MAY 22ND
The SBA published 2 Interim Final Rules on Paycheck Protection Program (PPP) Loan Forgiveness on Friday May 22nd. While these…
SBA ISSUES PPP LOAN FORGIVENESS APPLICATION
The SBA unveiled its Paycheck Protection Program (PPP) Loan Forgiveness Application on Friday May 15th. While there are still some…
PPP SAFE HARBOR AND LATEST ON STIMULUS PACKAGES
PPP GUIDANCE ON CERTIFICATION OF NEED OF LOAN PROCEEDS Earlier this week the SBA posted guidance to answer the question…
BIPARTISAN PUSH TO EASE PPP LOAN FORGIVENESS RESTRICTIONS AND HOW TO RETURN ECONOMIC IMPACT PAYMENTS RECEIVED IN ERROR
Once again there is news surrounding the Payroll Protection Program (PPP). Over the last few days, a group of 11…
PPP ADDRESSES LOAN FORGIVENESS WHEN LAID OFF EMPLOYEES REFUSE TO COME BACK TO WORK
Many employers that fought very hard to obtain Payroll Protection Program (PPP) funds (remember obtaining these funds was not an…
HOW DOES LOAN FORGIVENESS ON PPP LOANS WORK?
The Payroll Protection Plan (PPP) seems to be in the news every day. Almost all the articles regarding this program, whether on…