Insights

Covid-19 (2)

SBA PPP Guidance Update—June 25-26, 2020

Late last week, the United States Small Business Administration (SBA) released yet another round of guidance updates regarding the Paycheck...

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SBA Releases Guidance Regarding Early PPP Loan Forgiveness

On June 22, the U.S. Small Business Administration (SBA) released additional guidance regarding Paycheck Protection Program (PPP) loan forgiveness. A...

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SBA Releases Updates On PPP Forgiveness

This week, the Small Business Administration (SBA) and the U.S. Department of the Treasury released new information for recipients of loans through...

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Senate Passes Paycheck Protection Flexibility Act

On Wednesday night, the Senate voted unanimously in favor of the Paycheck Protection Flexibility Act. This new legislation makes key adjustments to...

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FASB Announces Further Delays of Revenue Recognition and Leases Standards

Following last month’s proposal to defer the effective date of two standards for private companies and nonprofit organizations, the Financial...

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SBA Releases Application for PPP Loan Forgiveness

On Friday, May 15, the Small Business Administration (SBA) announced an important release for borrowers who received loans through the Paycheck...

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New SBA Guidance Regarding Loan Increases for Partnerships, Seasonal Employers

On May 13, the Small Business Administration (SBA) released new guidance regarding the Paycheck Protection Program (PPP), Business Loan Program...

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Is My PPP Loan Still Forgivable if My Employees Refuse to Come Back to Work?

The Paycheck Protection Program (PPP) is a loan initiative created by the CARES Act that targets aid to small businesses dealing with losses...

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SBA Releases Additional PPP FAQ Questions

On May 3rd, the Small Business Administration (SBA) issued a new round of guidance regarding the Paycheck Protection Program (PPP). They addressed...

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Guidance on Calculating Maximum PPP Loan Amounts

On Friday, April 24, the Small Business Administration (SBA) released additional guidance regarding how various types of businesses should calculate...

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