by Cary Zimmerman | Jun 19, 2020 | Finance, Government
By Cary Zimmerman On June 16, 2020, the Small Business Administration (SBA) issued a revised forgiveness application for its Paycheck Protection Program (PPP). The original application, on Form 3508, included several components designed to assist a borrower in...
by Cary Zimmerman | Jun 16, 2020 | Employment, Government
By Cary Zimmerman & Demetrius Robinson Only one day after issuing a new Interim Final Rule (on June 11, 2020) to amend the very first Interim Final Rule issued by the Small Business Administration (SBA) pertaining to the Paycheck Protection Program (PPP), which...
by Cary Zimmerman | Jun 12, 2020 | Finance, Government
By Cary Zimmerman In a new Interim Final Rule issued by the Small Business Administration (SBA) on Thursday, June 11, 2020, the SBA revised its April 2, 2020 Interim Final Rule for the Paycheck Protection Program (PPP) to conform it to the new requirements under the...
by Cary Zimmerman | May 27, 2020 | Finance, Government
By Cary Zimmerman & Demetrius Robinson In the second of two Interim Final Rules issued by the Small Business Administration (SBA) on Friday, May 22, 2020 (read our alert covering the first rule here), the SBA addressed more about how Paycheck Protection Program...
by Cary Zimmerman | May 16, 2020 | Finance, Government
By Cary Zimmerman Overview The application walks borrowers step-by-step through the process of calculating forgiveness and includes worksheets and tables that borrowers must complete, including a list of all employees and their cash compensation during the eight...