by Kelsey Barcomb | Aug 3, 2020
Partners Christian Chandler, Scott McClure and David Ring have published a new advisory titled, “Navigating Compliance During a Pandemic: Cares Act, Paycheck Protection Plan (PPP) and COVID-19.” Click the PDF below to read their work.
by Kelsey Barcomb | Jun 4, 2020
*** UPDATE – On June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act of 2020 into law. *** On June 3, 2020, the United States Senate passed the House version of the Paycheck Protection Program Flexibility Act of 2020 (the “PPP...
by Kelsey Barcomb | May 20, 2020
On May 18, 2020, the United States Small Business Administration (“SBA”) released an Interim Final Rule applicable to borrowers with foreign affiliates who relied on the pre-May 5 guidance (the “IFR on Foreign Affiliates”), under which the SBA indicated that it would...
by Kelsey Barcomb | May 14, 2020
On May 13, 2020, the United States Small Business Administration (“SBA”) finally addressed certain Paycheck Protection Program borrowers who missed out on available funds because rule changes on how to calculate maximum loan amounts were announced after such borrowers...
by Nina Talcott | May 13, 2020
*** UPDATE – In a subsequent FAQ#47, SBA further extended the safe harbor deadline to May 18, to give borrowers additional time to consider the new guidance provided in FAQ#46. *** On Wednesday, May 13, 2020, the U.S. Treasury and Small Business Administration...
