President Signs Extension for PPP Loan Applications

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...

The Answer to Fraud Is – More Fraud

ID Fraud May Increase Following Efforts to Regulate PPP Payments by Mark Rasch Since the Treasury Department’s response to the COVID-19 pandemic and Congress’ authorization of payments under the Paycheck Protection Program (PPP), there have been calls for greater...

Senate Passes PPP Loan Extension

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...

Last Call for PPP Loan Applications

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...

Ohio Unemployment Requirements Updated for COVID-19

By Alan Rauss & Alexis Preskar In a new executive order, Governor Mike DeWine clarified the requirements for Ohioans who seek to remain on unemployment because of coronavirus concerns. As businesses begin to reopen, the order states that applicants may not remain...

SBA & Treasury Update PPP Forgiveness Application

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...

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