by Mark Rasch | Jul 6, 2020 | Government, Individuals and Family
By Mark Rasch In an earlier article I wrote about the fact that, in an effort to prevent fraud and promote openness, the Treasury Department intended to release biographical and financial information about companies that participated in the Paycheck Protection Program...
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 Jennifer Hart | May 19, 2020 | Finance, Government
By Cary Zimmerman & Jennifer Hart The U.S. Small Business Administration (SBA) released a new Interim Final Rule Monday creating a new safe harbor for applicants with foreign affiliates whose eligibility certifications were technically incorrect. Specifically, it...
by Demetrius Robinson | May 6, 2020 | Finance, Government
By Demetrius Robinson & Kevin O’Connor [5/13/2020 UPDATE: The SBA has issued new FAQ #47 extending the repayment date for the safe harbor to May 18, 2020] The SBA, in consultation with the Treasury Department, has extended the safe harbor date – created to...
by Kevin O'Connor | Apr 27, 2020 | Finance, Government
By Kevin O’Connor In reviewing the materials we’ve sent previously, we thought it might be helpful to focus a bit on three concepts, all of which are vital to understanding the Paycheck Protection Program (PPP) process under the Coronavirus Aid, Relief and Economic...