Highlights from the PPP Flexibility Act

Congress and the President issued a positive response to PPP borrowers (“Borrower”) by signing the Paycheck Protection Program Flexibility Act (“PPP Flexibility Act”) last Friday (June 5, 2020).  The legislation provides several critical and more liberal changes to the Paycheck Protection Program (“PPP”) created under the CARES Act. As now is normal course for the… Read More

PPP Process – The Latest & Greatest

It should come as no surprise to anyone familiar with the PPP process that final or definitive guidance from the SBA has not yet been issued as it relates to the loan forgiveness process.  This should not, however, preclude recipients of PPP loans from beginning the initial planning for the uses of funds.  Here are… Read More

PPP Funding – Where Things Stand

It’s official.  With the signing of the CARES Act, the race is on to prepare and apply for the new Paycheck Protection Program (“PPP”) as well as other eligible loans.  The information is flowing fast…this below information materially changed twice within a matter of a couple hours.  We just received word from the SBA with… Read More