May 14, 2020 | Coronavirus, Coronavirus and business
On May 13, 2020, the Small Business Administration (SBA) issued guidance regarding the required borrower’s certification under the Paycheck Protection Program (“PPP”) that is great news for loans under $2 million, good news for loans over $2 million, and still leaves...
May 6, 2020 | Coronavirus, Coronavirus and business
On May 5, 2020 the Small Business Administration (SBA) issued additional guidance extending the date to return PPP loan funds based upon a borrower’s re-evaluation of the loan certification from May 7, 2020 to May 14, 2020. This extension essentially gives borrower’s...
May 4, 2020 | Coronavirus, Coronavirus and business
Over the past week both the Small Business Administration (SBA) and the US Treasury have made some significant “clarifications” in the Paycheck Protection Program (“PPP”) created under the CARES Act. The most important of these “clarifications” came in two separate...
Apr 28, 2020 | Business & Corporate, Coronavirus, Coronavirus and business, Coronavirus and tax law
Recent Guidance for Small Businesses Applying for PPP Loan As Congress prepares to add an additional $320 billion to the Paycheck Protection Program, which was created under the CARES Act on March 27, 2020, the Small Business Administration, in consultation with the...
Apr 25, 2020 | Coronavirus, Coronavirus and business, Coronavirus and finance law
The House approved over $480 billion in additional funding to help the program geared to keep small businesses from shuttering and their employees from going on unemployment because of the economic impacts of the coronavirus pandemic. The bill includes more than $320...
Apr 9, 2020 | Coronavirus, Coronavirus and health care, Health Care Law
On March 28, 2020, the Centers for Medicare & Medicaid Services (“CMS”) announced an expansion of its accelerated and advance payment program for health care providers and suppliers that participate in Medicare. This expansion includes changes from the Coronavirus...
