June 19, 2020

SBA Releases Streamlined PPP Loan Forgiveness Form

SBA Releases Streamlined PPP Loan Forgiveness Form The Small Business Administration (SBA) and Department of Treasury recently released a streamlined loan forgiveness application called the EZ Forgiveness Application. This newly released three-page EZ application is significantly shorter than the traditional loan forgiveness application and requires fewer calculations and less documentation than the full application. Who...

June 4, 2020

Congress Passes Bill Amending Paycheck Protection Program

  CONGRESS PASSES BILL AMENDING PAYCHECK PROTECTION PROGRAM Since being established as part of the Coronavirus Aid, Relief and Economic Security Act in March 2020, the Paycheck Protection Program (PPP) has been the subject of additional stimulus bills, legal guidance and interim final rules. In the latest development, Congress passed the Paycheck Protection Program Flexibility...