EMERGENCY UPDATE — Monday, May 18 — _______The Small Business Administration has released the Paycheck Protection Program loan forgiveness application._______ To our clients: Last Friday evening, May 15, 2020, the Small Business Administration released Form 3508 – Paycheck Protection Program Loan Forgiveness Application. This is the form you will be required to complete if you […]
EMERGENCY UPDATE — Monday, April 27 — To our clients: On Thursday, April 23, 2020, Congress approved a $484 billion bill to provide additional COVID-19 related relief/assistance for small businesses, including $310 billion for the Paycheck Protection Program (PPP). President Trump signed the bill into law on Friday, April 24. The SBA will resume accepting Paycheck […]
EMERGENCY UPDATE — Sunday, April 19 — To our clients: A little over two weeks ago – April 3 to be exact – marked the first day small businesses across the United States could apply to the Small Business Administration (SBA) for a Paycheck Protection Program (PPP) loan. As we first predicted in our Coronavirus Update […]
April 10 2020
Coronavirus Update 4/10/20 — frequently asked questions about Paycheck Protection Program
EMERGENCY UPDATE — Friday, April 10 — To our clients: It’s been a week since our last update to you regarding the Small Business Administration (SBA) loan program available to assist small businesses known as the Paycheck Protection Program (PPP). The date – Friday, April 3 – coincided with the first day you could submit […]
EMERGENCY UPDATE — Friday, April 3 — To our clients: Late last evening, the Small Business Administration (SBA) released a 31-page document which changes or clarifies some of the criteria of the Paycheck Protection Program (PPP) – one of the loan programs for which many businesses are currently applying. We have just learned that, as […]