April 1, 2021 - Coronavirus, Small Business

All Is Not Forgiven: PPP Forgiveness and Credits

On March 23, 2021, The House Small Business, Subcommittee on Contracting and Infrastructure held a remote hearing titled: “The Interaction Between the Paycheck Protection Program and Federal Acquisition Regulations: What It Means for Government Contractors.” The hearing focused specifically on the …›

September 14, 2020 - Coronavirus, Resources, Small Business

PPP Loan Forgiveness Checklist

The Paycheck Protection Program (PPP), which is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides aid to qualifying small businesses in the form of loans with terms favorable to borrowers, including, in particular, provisions that allow potentially the entire loan …›

June 30, 2020 - Coronavirus, Small Business

SBA’s Implementation of the Paycheck Protection Program Flexibility Act in Wave of New Rules and Application Forms

As we previously reported, the Paycheck Protection Program Flexibility Act (“PPP Flexibility Act”) became law earlier this month, introducing numerous changes to the Paycheck Protection Program (PPP). The PPP, which is part of the CARES Act,[1] provides aid to qualifying small businesses in …›

May 27, 2020 - Coronavirus, Small Business

SBA Issues New Rules on PPP Loan Forgiveness and Loan Review Procedures

Since the inception of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) nearly eight weeks ago, the Small Business Administration (SBA) has issued loans under the Paycheck Protection Program (PPP) that have helped thousands of businesses remain afloat during the COVID-19 …›

May 19, 2020 - Coronavirus, Small Business

PPP Loan Forgiveness Application is Finally Here

During these uncertain economic times, the Small Business Administration (SBA) loans under the Paycheck Protection Program (PPP) have been a critical lifeline for many small businesses trying to weather the COVID-19 pandemic. The PPP, which we have written about previously, is part of …›