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  • August 4, 2020 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — PPP Forgiveness FAQs as of August 4, 2020 Today, the Small Business Administration (SBA), in consultation with the Department of the Treasury, provided guidance to address borrower and lender questions concerning forgiveness of Paycheck Protection Program (PPP) loans. The […]

  • August 3, 2020 By: Caity WituckiContributing Editor, Main Street Monday Main Street Monday – NFIB Survey Finds The Majority of Small Businesses Have Used Their Entire PPP Loan According to a recent NFIB Research Center survey on the state of small business and the Paycheck Protection Program (PPP), most small business owners (71%) have used […]

  • July 31, 2020 By Caity WituckiContributing Editor, Fraud Friday Fraud Friday — Florida Man uses $3.9 Million PPP Loan on Lamborghini  On Monday, Florida resident, David Tyler Hines, was taken into custody on allegations that he fraudulently obtained $3.9 million in Paycheck Protection Program (PPP) loans which he then used to purchase a 2020 Lamborghini […]

  • When Congress passed the Coronavirus Aid Relief and Economic Security Act (also known as the CARES Act), relief for small businesses came in the form of the Paycheck Protection Program. The Paycheck Protection Program is a loan program administered by the U.S. Small Business Administration that was designed to help business owners keep their employees … Continue reading "How to Get PPP Forgiveness When Employees Leave or Are Let Go For Cause" The post How to Get PPP Forgiveness When Employees Leave or Are Let Go For Cause published first on .

  • As small businesses re-open to the public after being shut down due to the COVID-19 pandemic, many business owners have begun to voice concern over the possibility of facing coronavirus-related liability risks. Will re-opening lead to a wave of lawsuits against businesses where customers or employees believe they contracted the disease? Some government officials say … Continue reading "How to Limit Business Liability Risks" The post How to Limit Business Liability Risks published first on .

  • Where Have PPP Funds Been Going? Since the introduction of the Paycheck Protection Program (PPP) through the CARES Act passed by Congress and signed by the Trump administration, one of the biggest concerns has been over what businesses are actually receiving the allocated funds. When the United States federal government first introduced the program, the … Continue reading "PPP Loan Data – Here’s Where PPP Loans Were Granted So Far During the COVID-19 Pandemic" The post PPP Loan Data – Here’s Where PPP Loans Were Granted So Far During the COVID-19 Pandemic published first on .


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