JD Supra

Paycheck Protection Program – SBA Clarifies PPP Guidance

On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...
JD Supra

Paycheck Protection Program Enforcement Likely to Continue with Focus on More Complex Cases

Recent Paycheck Protection Program (PPP) enforcement trends suggest that the US Department of Justice (DOJ) has begun focusing on False Claims Act (FCA) enforcement actions centered on PPP applicants’ ...
Augusta Free Press

Biden signs legislation to extend PPP application period until May 31

President Joe Biden has signed into law legislation extending the Paycheck Protection Program application period for another two months. The bipartisan PPP Extension Act will extend the PPP ...
Forbes

Companies Agree To Pay Millions To Resolve Paycheck Protection Program Lawsuits

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...
The Business Journals

PPP loan forgiveness doesn't mean it's over for businesses. Here's a costly mistake to avoid.

Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.