by Cary Zimmerman | Jul 22, 2020 | Finance, Government, Individuals and Family
By Cary Zimmerman We’re now many months into the COVID-19 pandemic and the fate of the U.S. economy remains largely uncertain, with unemployment remaining in double digits and many businesses still struggling to survive. The federal government is expected to formulate...
by Cary Zimmerman | Jul 3, 2020 | Finance, Government
By Cary Zimmerman On June 30, 2020, a bill was introduced in the U.S. Senate that would create a dramatically simpler forgiveness process under the Paycheck Protection Program (PPP) for certain smaller PPP loans. Entitled the “Paycheck Protection Small Business...
by Cary Zimmerman | Jul 1, 2020 | Finance, Government
By Cary Zimmerman [UPDATE: On Saturday, July 4, 2020, President Trump signed a bill extending the deadline to apply for the Paycheck Protection Program (PPP).] As an update to our earlier alert, as expected, President Trump signed legislation Saturday extending...
by Cary Zimmerman | Jul 1, 2020 | Finance, Government
By Justine Lara Konicki & Cary Zimmerman [UPDATE: On Saturday, July 4, 2020, President Trump signed the bill extending the deadline to apply for the Paycheck Protection Program (PPP).] [UPDATE: The House passed an identical version Wednesday night of the...
by Cary Zimmerman | Jun 26, 2020 | Finance, Government
By Cary Zimmerman On June 30, 2020, the Small Business Administration (SBA) will stop accepting new Paycheck Protection Program (PPP) loan applications. As of June 22, 2020 (counting approvals through June 20, 2020), over $100 billion remained for lending through the...