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UPDATE: Federal Reserve Expands Scope Of Small, Mid-Size Business Loan Program

USA - June 9 2020 The Federal Reserve Board has expanded the loan options available to businesses under the new Main Street Lending Program, and opened the program to…

New Law Relaxes Requirements for PPP Loan Forgiveness

USA - June 8 2020 On Friday, June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act (PPPFA) after it was nearly unanimously passed by the…

Small Business Administration Releases PPP Loan Forgiveness Application and New Interim Final Rule

USA - May 25 2020 On Friday, May 15, The Small Business Administration (SBA) posted the Paycheck Protection Program Loan Forgiveness Program application, an 11-page…

Safe Harbor for Paycheck Protection Act (PPP) Loan Certifications

USA - May 14 2020 Yesterday, the Small Business Administration (SBA), in consultation with the Department of the Treasury, issued additional guidance to address…

Federal Reserve Unveils $600M Loan Program For Small, Medium Businesses

USA - April 28 2020 The Federal Register has unveiled a $600 billion lending program for small and medium-sized businesses. The Main Street Lending Program, which was…