by The Business and Corporate Attorneys at Dvorak Law Group | Jun 15, 2021 | Publications
As part of the CARES Act, the Small Business Administration (the “SBA”) was tasked with administering the Paycheck Protection Program (the “PPP”), which includes overseeing the loan application process and making final determinations regarding loan forgiveness....
by The Business and Corporate Attorneys at Dvorak Law Group | Dec 29, 2020 | Publications
After several months of negotiations, Congress passed additional COVID-19 relief legislation on Monday, December 21, 2020, which was signed into law by President Trump on Sunday, December 27, 2020. The $900 billion stimulus bill, named the Consolidated Appropriations...
by The Banking and Finance Attorneys at Dvorak Law Group | Oct 31, 2020 | Publications
Recently, the Small Business Administration (the “SBA”) began sending a Loan Necessity Questionnaire (the “Questionnaire”) regarding Paycheck Protection Program (“PPP”) loans in excess of $2 million. The Questionnaire is intended to assist the SBA in their evaluation...
by The Business and Corporate Attorneys at Dvorak Law Group | Jul 2, 2020 | Publications
The U.S. Small Business Administration (“SBA”), the U.S. Department of Treasury, and the U.S. Senate Small Business Committee agreed to release additional data regarding the loans made pursuant to the Paycheck Protection Program (“PPP”). The agreement was met, after...
by The Business and Corporate Attorneys at Dvorak Law Group | Jun 29, 2020 | Publications
On June 22, 2020, the United States Small Business Administration (“SBA”) released additional guidance related to the Paycheck Protection Program loans (“PPP Loans”) in the form of an Interim Final Rule (“IFR”), which addresses the timing of submitting a loan...
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