Paycheck Protection Program Loans Set to Reopen
The Small Business Administration (“SBA”) is reopening the Paycheck Protection Program (“PPP”) for first and second draw loan applicants the week of January 11, 2021.[1] Applicants have until [...]
COVID-19 Relief Bill: What Nonprofits Need to Know
December 29, 2020 On Sunday evening, after previously threatening a veto, the president signed into law a second COVID-19 relief package, consolidated with a bill to fund the government, passed [...]
Expiration Date for PPP Loan Forgiveness Application
On October 13, 2020, the Small Business Administration (“SBA”) published its guidance to frequently asked questions on the Paycheck Protection Program (“PPP”) loan forgiveness application. The [...]
Paycheck Protection Flexibility Act makes loan forgiveness more borrower friendly
On June 5, 2020, the president signed into law the bipartisan Paycheck Protection Flexibility Act of 2020 (PPFA), which eases rules on how Paycheck Protection Program (PPP) loan funds can be used [...]
What you need to know about applying for PPP loan forgiveness
Since this article was published, Congress has passed and the president has signed into law the Paycheck Protection Flexibility Act of 2020 (PPFA), which makes changes to the loan forgiveness [...]
DOL Provides Guidance on Employee Leave under the FFCRA
On April 1, the Department of Labor (DOL) issued temporary regulations implementing the Families First Coronavirus Response Act (FFCRA), which provides paid sick leave to eligible individuals [...]
