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Loan Necessity Questionnaire Required For $2M+ PPP Loan Recipients
Did your organization receive a Paycheck Protection Program (PPP) loan of $2,000,000 or more? You are now required to complete a loan necessity questionnaire per a recent article from the Journal of...
Simplified Application for PPP Loan Forgiveness
Did your organization receive a Paycheck Protection Program (PPP) loan of $50,000 or less, and are you concerned about the potential complexity of the process of applying for loan forgiveness? Good...
PPP Loan Payment Deferral Period Clarified by the SBA
The U.S. Small Business Administration released guidance on October 7th clarifying that lenders must recognize the previously established extended deferral period for payments on the principal,...
Phase III Provider Relief Funding Announced – Applications Available 10/5/20
The Trump Administration has announced $20 billion in new funding through the Health Resources and Services Administration (HRSA) for providers impacted by the coronavirus pandemic. If your...
Key Considerations for the Trump Executive Memorandum Payroll Tax Deferral
The IRS published on August 28, 2020 Notice 2020-65, to provide guidance on the deferral of employee payroll tax obligations. This Notice was issued in response to the President’s August 8th...
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