SBA Updates on PPP Loan Forgiveness By: Tony LaNasa The U.S. Small Business Administration (SBA) released a new Interim Final Rule (IFR) which revises two previously-released IFRs. These IFRs deal with Paycheck Protection Program loan forgiveness and SBA loan […]
New PPP Loan Forgiveness Applications By: Tony LaNasa The U.S. Small Business Administration (SBA) has released a revised Paycheck Protection Program (PPP) loan forgiveness application. In addition, there’s now a new EZ application for forgiveness of PPP loans […]
SBA Releases Guidance on Forgiveness of PPP Loans By: Tony LaNasa On Friday, May 22, 2020, the SBA issued a long-overdue interim final rule providing guidance on how forgiveness will work for PPP loans. Below is a summary of how the […]
Don’t get shortchanged by a liquidating business By: Tony LaNasa Several major companies have already filed for bankruptcy during the novel coronavirus (COVID-19) crisis and many more large and small businesses are expected to follow suit. If you’re a creditor […]