Juan Escobar

Senate Releases COVID-19 Relief Proposal

As always, we’re keeping you abreast of the all the updates coming out of Washington regarding COVID-19 relief and PPP. After much anticipation, the…

SBA and Department of Treasury Release New Loan Forgiveness Applications

The PPP Flexibility Act (PPPFA) was signed into law by President Trump on January 5, 2020. Today the SBA and Department of Treasury have announced the…

New PPP Loan Report & Legislative Update

As promised, below you will find instructions for Phase 2 of the PPP Loan Forgiveness Report. Additionally, Trump just signed into law the PPP Flexibility…

House Votes to Loosen Restrictions on PPP Loan Forgiveness

The House voted 417-1 to allow more flexibility for the Paycheck Protection Program loan forgiveness. The Senate is expected to vote on the bill next…

SBA Clarifies Rules for PPP Loan Forgiveness

The SBA has finally released the detailed PPP Loan Forgiveness Application.  You can find the SBA Application here. Below are some clarifications and…

SBA Publishes New Guidance Regarding Certifications of Necessity for PPP Loans

SBA Clarifies Today that Employers with Less Than 2 Million Will be Deemed to have Made a Good Faith Certification for the Necessity of the Loan.