PPP

Tinkering with PPP

On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (“Flexibility Act”) was signed into law, amending the CARES Act.  Then on June 19, 2020, the Small Business Administration and Treasury issued additional interim final rules regarding the implementation of the Paycheck Protection Program to conform to the Flexibility Act.  However, in the … Read more

Payroll Protection Program Pickiness

The Payroll Protection Program supposedly was taking first applications on April 3, 2020.   I have to admit that I know of no one that got an application in to a bank on that day.   But last week, people were actually getting applications in, and some have already received approvals.  That means that if you are … Read more