by Cary Zimmerman | Apr 15, 2020 | Finance, Government
By Cary Zimmerman While the SBA’s new Paycheck Protection Program (PPP) only recently launched, with many borrowers already receiving approvals and the earliest applicants now starting to receive disbursements, it isn’t too early to think about what steps you should...
by Cary Zimmerman | Apr 9, 2020 | Finance, Government
By Cary Zimmerman The federal government initially authorized up to $349 billion of relief under the CARES Act through the new Paycheck Protection Program (PPP) loan program from the Small Business Administration (SBA). More recently, there is an initiative underway...
by Cary Zimmerman | Apr 7, 2020 | Finance, Government
By Cary Zimmerman and Kevin O’Connor The Treasury Department and Small Business Administration (SBA) have issued new FAQs regarding Paycheck Protection Program loans. Below is a summary of the guidance. The FAQs state that they will be updated on a regular basis, so...
by Cary Zimmerman | Apr 6, 2020 | Finance, Government
By Cary Zimmerman Late last week, the Small Business Administration dropped its much-anticipated guidance on the affiliation rules applicable to the Paycheck Protection Program (PPP) loans, which is available here. Not quite two pages long, it largely reinforces...
by Cary Zimmerman | Mar 28, 2020 | Finance, Government
By Christopher Hubbert & Cary Zimmerman On March 25, the Securities and Exchange Commission (SEC) extended an earlier order providing relief to publicly traded companies impacted by COVID-19 coronavirus. The initial order provided for a 45-day extension for annual...
