18 Search Results Found For: "ppp forgiveness"

On Friday, May 22, 2020, the U.S. Small Business Administration (SBA) released long-awaited guidance for lenders in the form of an interim rule: Business Loan Program Temporary Changes; Paycheck Protection...

During the height of the pandemic, government-funded financial assistance programs helped many businesses stay afloat. From the Coronavirus Aid, Relief, and Economic Security (CARES) Act to the Main Street Lending...

Experience The Paycheck Protection Program (PPP) loan forgiveness process has continued to evolve. With the latest legislation, loans under $150,000 will no longer require significant time and resources on the...

Date Presented June 4, 2020 Presenters Cynthia R. Boehmer Daniel F. Morrill Michael C. Stravin Summary If you or your customers have received, or expect to receive, a Paycheck Protection...

Since the launch of the Payment Protection Program (PPP), many interim rules and updated FAQs have been released—but guidance on the PPP’s loan forgiveness component has been minimal. Recognizing this...

Date Presented May 6, 2020 Presenters Ryan P. Brunell Ryan M. Gorman Daniel F. Morrill Michael C. Stravin Summary If you or your customers have received, or expect to receive,...

On April 30, 2020, the IRS released guidance to clarify one of the key income tax questions that lingered regarding the Paycheck Protection Program (PPP) offered under the Coronavirus Aid,...

On December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act) was signed into law. This new law changes the rules for the...