The Small Business Administration (SBA) and the Treasury Department recently released the Paycheck Protection Program (PPP) Loan forgiveness application along with application instructions. The form and instructions advise borrowers on how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security (CARES) Act. According to the administration, it […]

The Small Business Administration (SBA) issued updated guidance regarding the Paycheck Protection Program (PPP) late yesterday. The new guidance specifically addresses what has become known as the “safe harbor date,” or the day a company has to voluntarily terminate or repay its PPP loan funds. Initially set for May 7, the Safe Harbor Date has […]