News regarding the Paycheck Protection Program (PPP)

(Announced on May 13, by the Treasury Department) A new “current economic uncertainty” safe harbor applies for PPP loans of less than $2 million. These loan recipients will automatically be deemed to have made the required certification concerning the necessity of the loan request in good faith (FAQ #46); For loans of $2 million or … Continue reading News regarding the Paycheck Protection Program (PPP)