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Favorable Changes to PPP Passed by House and Senate

Posted on June 4, 2020 by
Blog

Both the House and the Senate have now passed HR 7010 providing PPP borrowers more favorable terms.  We  first alerted you on May 27th of possible changes to PPP being considered by both the House and the Senate.  Last night in a second vote (the first vote failed), the Senate passed the House Bill 7010, […]

Quiet Friday Evening Interrupted by Long Awaited SBA Guidance on PPP Loan Forgiveness

Posted on May 16, 2020 by
Blog

You’ve been waiting.  We’ve been waiting.  Another week went by with no meaningful guidance on the forgiveness provisions of the Paycheck Protection Program.  What better time to issue it than a beautiful Friday evening!  We now have the official Paycheck Protection Program Loan Forgiveness Application, and instructions.  Not drafts, but the actual form and instructions […]