Shannon S. Zollo
Nutter McClennen & Fish LLP
Articles
Employee Retention Tax Credits: Another Potential Benefit for Economically Challenged Businesses
USA - March 17 2021 After the passage of the CARES Act last year, the clear focus of small businesses was on the Paycheck Protection Program (the “PPP”). A slightly less…
PPP Part II - An Early Present to Small Businesses
USA - December 22 2020 Congress has passed the long-awaited bipartisan stimulus package on December 21, 2020 which is expected to be signed by the President. Included in…
Joshua E. French, Michael K. Krebs, John G. Loughnane, Melissa Sampson McMorrow, Stephen J. Patterson
PPP: SBA Provides Process for a Change of Ownership
USA - October 6 2020 On October 2, 2020, the SBA provided notice to PPP lenders regarding the process by which PPP borrowers may undertake a “change of ownership” while a…
Important PPP Clarifications on Owner-Employee Compensation Rules and Rent Forgiveness
USA - August 26 2020 With many PPP borrowers now working their way through the intricacies of the forgiveness calculations and related analysis, the SBA and Treasury…
Revised PPP Loan Forgiveness Applications - Two for the Price of One
USA - June 18 2020 On June 16, 2020, the SBA released a revised form of Loan Forgiveness Application, which incorporates the changes provided in the PPP Flexibility Act…
