Blogs

SBA Issues PPP Loan Forgiveness Application

SBA Issues PPP Loan Forgiveness Application

On Friday May 15th, the Small Business Administration (SBA) issued the Paycheck Protection Program (PPP) Loan Forgiveness Application. The accompanying instructions provide details on calculating forgivable amounts under the PPP program.A key option...

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Agencies Issue Further PPP Certification Clarifications

Agencies Issue Further PPP Certification Clarifications

Since the Paycheck Protection Program (PPP) was implemented, there have been sometime contradictory and often confusing messages from the Small Business Administration (SBA) and Department of the Treasury about exactly which small businesses with less than...

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COBRA (and other) Extensions Announced by IRS and DOL

COBRA (and other) Extensions Announced by IRS and DOL

On April 29th, the Internal Revenue Service (IRS) and the Department of Labor (DOL) jointly announced an extension of certain time frames under COBRA continuation. The extension is intended to benefit individuals who are impacted by the COVID-19 pandemic,...

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PPP Forgiveness Questions

PPP Forgiveness Questions

Now that more companies have received Paycheck Protection Program (PPP) funds, we’ve been getting a steady stream of questions on how to maximize loan forgiveness. As of today, the interim final rule on PPP forgiveness has not been issued. So important...

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PPP Funding Likely to be Restored Soon

PPP Funding Likely to be Restored Soon

On Tuesday April 21st, the Senate passed a $484 billion bill which provides additional funding to the Paycheck Protection Program. The House is widely expected to pass the bill by Thursday. Loan approvals could commence on Friday.  The Paycheck Protection...

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