The Paycheck Protection Program Flexibility Act (Flexibility Act), which became effective June 5, significantly changed key elements of the Paycheck Protection Program (PPP), as discussed in Cozen ...
The PPPFA safe harbor for employers who were unable to operate their businesses at the same level of activity as before February 15, 2020, refers only to requirements or guidance from HHS, CDC, or ...
The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...
Small businesses that obtained Paycheck Protection Program loans of $50,000 or less can now use a streamlined application to apply for loan forgiveness. The action is expected to affect about 3.6 ...
Opinions expressed by Entrepreneur contributors are their own. Needless to say, it’s been a roller coaster ride for business owners over the past couple of months understanding how to navigate the ...
Q: Has the deadline for applying for Paycheck Protection Plan (PPP) loans been extended? I never applied for a PPP loan during the first round last year. Is it too late for a first-round loan? I ...
The U.S. Small Business Administration (SBA) issued new Paycheck Protection Program (PPP) rules that allow self-employed individuals who file Form 1040, Schedule C, Profit or Loss From Business, to ...
Primary business issues during the forgiveness covered period include (A) whether the PPP loan will remain outstanding post-closing (and potentially be partially or wholly forgiven), if the ...
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