On Wednesday, July 28th, the SBA released a new 29-page interim final rule (IFR) that addressed three key points in the PPP forgiveness process.
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Included in the most recent SBA Frequently Asked Questions (FAQs) document, the SBA clarified that the deferral period for PPP loan borrower payments
The most important item to note is that the FAQ indicates eligible payroll and non-payroll costs incurred before the covered period...
This morning the SBA issued a new interim final rule to provide revisions to the third and sixth interim final rules to accommodate changes from the Paycheck Protection Flexibility Act.
On Wednesday, June 3rd, the U.S. Senate passed the Paycheck Protection Program Flexibility Act of 2020 (the Act).
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