Paycheck Protection Program Tag

New PPP Rules Provide Employers with More Options                                                                                                 On June 5, 2020, the President signed the Paycheck Protection Flexibility Act (PPF) which loosens many of the requirements for existing and future borrowers to obtain forgiveness on Paycheck Protection Program (PPP) loans.  The law takes effect...

Read MoreRead More

What if I Offered to Rehire Employees and they Refuse? The loan forgiveness portion of the Paycheck Protection Program (PPP) Small Business Administration (SBA) loans will permit Employers who borrowed during the Covid-19 crisis to have up to 100% of the balance of a loan forgiven...

Read MoreRead More

The Small Business Administration (SBA) extended the repayment deadline for Payroll Protection Program (PPP) for businesses that initially took a PPP loan, but did not meet the self-certification requirements at the time that they applied for the loan.  The deadline is now automatically extended from...

Read MoreRead More

On March 27, 2020, Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a two-trillion-dollar aid package to help individuals and businesses who are experiencing the effects of the coronavirus pandemic and to stimulate the economy. Numerous programs are available and while the...

Read MoreRead More