FAQ #46: How SBA reviews good-faith need for PPP Loan

How will SBA review good-faith certification of need for PPP Loan? Today, the SBA published more guidance on safe harbors for loan certification for borrowers who received PPP loans less than $2 million, and guidance on certifications for PPP loan borrowers in excess of $2 million. Further guidance is needed

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PPP Loans: Additional Funding and Next Steps for Businesses

On Tuesday, April 21, 2020, the U.S. Senate approved a $484 billion coronavirus relief package to appropriate funds for the Paycheck Protection Program and increase authorization for Emergency Economic Injury Disaster Loan (EIDL) grants, in addition to providing funds for hospitals and coronavirus testing. The U.S. House is expected to

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