SBA Publishes PPP Flexibility Loan Forgiveness Interim Final Rule and Updated Applications

Posted on: June 23, 2020 By:

On June 19, the Small Business Administration (SBA) published an update to its Interim Final Rules (New IFR) to reflect changes to the Paycheck Protection Program (PPP) put in place under the new Paycheck Protection Program Flexibility Act of 2020 … Continue reading →

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SBA Publishes Loan Forgiveness Interim Final Rule

Posted on: May 28, 2020 By:

On May 22, the Small Business Administration published its long-awaited Interim Final Rule regarding loan forgiveness requirements (IFR) for the Paycheck Protection Program. The new IFR confirms several key terms included in the Loan Forgiveness Application and also provides some … Continue reading →

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SBA Publishes Loan Forgiveness Application for Paycheck Protection Program

Posted on: May 18, 2020 By:

On May 15, the Small Business Administration (SBA) published its long-awaited Loan Forgiveness Application and Instructions for Borrowers (Application). The Application clarified certain forgiveness rules and calculations for the Paycheck Protection Program, although there remain several open issues that we expect … Continue reading →

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