On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...

Congress has introduced a bill that would enable more farmers to participate in the Small Business Administration’s Paycheck Protection Program. The Paycheck Protection for Producers Act—H.R. 7175 and ...

President Joe Biden has signed into law legislation extending the Paycheck Protection Program application period for another two months. The bipartisan PPP Extension Act will extend the PPP ...

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...

The second, $900 billion COVID-19 relief package includes some changes to the Paycheck Protection Program for small businesses, which are continuing to be battered because of the pandemic. Many of ...

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...

Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.