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PPP News: Loan Application Deadline is June 30, New Forgiveness Documents, & Other Updates

USA - June 19 2020 As discussed in our June 4, 2020, Client Alert on the Paycheck Protection Program Flexibility Act of 2020…

Howard King.

Main Street Lending Program Expands (Again!)

USA - June 10 2020 Less than two weeks after releasing additional details and Frequently Asked Questions surrounding the $600 billion Main Street Lending Program (MSLP)…

B. Taber Cathcart, Erik J. Chamberlin, Howard King, Scott A. Schaaf.

PPP Extension & Increased Flexibility: Paycheck Protection Program Flexibility Act of 2020 & Other Updates

USA - June 4 2020 Late in the day on June 3, 2020, after days of dramatic uncertainty about whether certain Senators would object, the U.S. Senate approved by…

Howard King, Sarah J. Wilk.

Main Street Lending Program Set to Launch - Additional Terms and Guidance Released

USA - June 2 2020 On May 27, 2020, the Federal Reserve Board, through the Federal Reserve Bank of Boston, released additional details for lenders and borrowers…

B. Taber Cathcart, Erik J. Chamberlin, Howard King, Scott A. Schaaf.

South Carolina Department of Revenue Offers Clarification Regarding COVID-Related Employment Withholding Requirements

USA - May 26 2020 On May 15, 2020, the South Carolina Department of Revenue (the "Department") published an information letter outlining temporary income tax…

Bryant S. Caldwell, L. Neill Edwards.