Fraser

FEBRUARY 24, 2021

The Paycheck Protection Program (“PPP”) was created as part of the CARES Act , passed last spring, which amended the Small Business Act (“SBA”) to provide short term loans to companies with fewer than 500 employees. Existing PPP Loans. Second PPP Loans for Eligible Borrowers. The Act repealed this provision.

Loans 55

Loans Government Lender 55

Burr Forman

OCTOBER 13, 2020

The Small Business Administration’s (SBA) Paycheck Protection Program (PPP) is one example of a potential hazard in the shape of a gift. These PPP loans were vital lifelines for many borrowers at the height of the COVID-19 pandemic earlier this year, and the SBA reports that over 5 million PPP loans were extended.

Loans 40

Loans Lender Trade Acquisition 40

Burr Forman

APRIL 1, 2021

Additionally, Erik’s article SBA Issues New PPP Loan Guidance for Self-Employed Individuals and Others is recognized as one of the top read articles for Finance & Banking. This is the fifth year in a row that Matt has received JD Supra’s Readers’ Choice Award in the category of construction law.

Construction 76

Construction Manufacturing Banks Loans 76

Burr Forman

FEBRUARY 2, 2021

Outside Business Activities risks notes reporting obligations in connection with Registered Representatives who take PPP loans. The broad categories of issues addressed in the Report are: Firm Operations. Social media platforms , including the “gamification” of trading.

Financial Institution 52

Financial Institution Trade Loans 52

Troutman Sanders

OCTOBER 26, 2020

On October 23, lawmakers in the House of Representatives introduced a bill to exclude Paycheck Protection Program (PPP) loans from regulators’ calculations of the asset size of smaller banks. The legislation would benefit banks and credit unions with assets under $15 billion. For more information, click here.

Financial services 52

Financial services Financial Institution Foreclosure Banks 52