SBA Provides Rules for Second Draw PPP Loans

Wednesday night, SBA & Treasury released new guidelines for PPP Loans.  The guidance is in two interim final rules. The first is the Business Loan Program…

New COVID Relief Bill

A new $900 billion coronavirus relief bill has become law and answers the question of whether federal Emergency Paid Sick Leave (EPSL) and Emergency…

FFCRA Leave Extended

On Monday, December 21st, the Senate and House of Representatives passed the Consolidated Appropriations Act, 2021, the second COVID-19 relief bill since…

Pittsburgh Enacts COVID-19 Paid Sick Leave Ordinance

On December 9th Pittsburgh Mayor Bill Peduto signed a Temporary COVID-19 Emergency Paid Sick Leave Ordinance. This gives certain workers in the city an…

Simpler PPP Forgiveness for Loans up to $50K

This month The U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for…

The SBA issues FAQs Regarding Loan Forgiveness

On Tuesday the Small Business Administration released a sheet of FAQs regarding PPP Loan Forgiveness. The FAQs are very detailed and provide much needed…

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…