The U.S. Small Business Administration (SBA), in consultation with Treasury, recently released a revised loan forgiveness application for the Paycheck Protection Program (PPP), along with...

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The President recently signed the Paycheck Protection Program Flexibility Act (PPPFA) -the following is a summary of the highlights of the legislation: Extends 8 week “covered period” to...

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Late on Friday, May 15th, the SBA released the PPP Loan Forgiveness application. While this application has answered some of the questions in connection with the CARES Act and related SBA...

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The SBA issued the much anticipated PPP Forgiveness Application and instructions on May 15th: ...

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On May 13, 2020 the SBA released an update to FAQ 31 and FAQ 43 addressing borrowers’ required good-faith certification concerning the necessity of their loan request.  Two key takeaways...

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The FDIC announced proposed rule-making yesterday to provide relief for potential increases in a bank’s FDIC deposit insurance assessment as a result of holding loans in the SBA’s Paycheck...

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