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Long-awaited guidance on the Paycheck Protection Program (PPP), Revisions to Loan Forgiveness Interim Final Rule and SBA Loan Review Procedures Interim Final Rule, was issued on June 22, 2020, by
The Small Business Administration (SBA) and Treasury issued a press release on June 19, 2020 in which they announced that they had come to an agreement with bipartisan leadership in the
On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (PPP Flexibility Act) was signed into law. The PPP Flexibility Act modified many of the provisions of the
The U.S. Small Business Administration (SBA) announced that the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal has been reopened to all eligible applicants experiencing economic impacts due
The Paycheck Protection Program (PPP) created under the Coronavirus Aid, Relief and Economic Security (CARES) Act has been exceedingly successful in making funds available to businesses (see most recent SBA
So much has been written about Paycheck Protection Program loans since the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020, that little
Megan R. Troxell, was recognized by the Pennsylvania Institute of Certified Public Accountants (PICPA) with the association’s Women to Watch award. Four female CPAs from across the State of Pennsylvania
The Small Business Administration (SBA) and the U.S. Treasury issued a joint statement on June 8, 2020, announcing forthcoming updated rules and guidance for the Paycheck Protection Program (PPP). These
On June 8, 2020, Pennsylvania Governor Tom Wolf announced a $225 million grant program to support the State’s small businesses that were negatively impacted by the COVID-19 pandemic and forced
On June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act of 2020 (H.R. 7010) into law. The new legislation, which had bipartisan support and passed quickly through
The bipartisan House-approved Paycheck Protection Program Flexibility Act (H.R. 7010) was passed on June 3, 2020, after Senate Majority Leader Mitch McConnell, (R-KY), pushed his colleagues to support the measure
The House of Representatives overwhelmingly approved the Paycheck Protection Program Flexibility Act (H.R. 7010) on May 28, 2020. The bill passed with 417 members voting yes and just one dissenting
