The PPP Flexibility Act

The PPP Flexibility Act

Big Update! Paycheck Protection Program Rapid progress is being made in the passage of the Paycheck Protection Program Flexibility Act. The bill was introduced in the House on May 15, 2020. It was just signed into law on June 5, 2020. PPP Flexibility Act What exactly...
HEROES Act

HEROES Act

What is the HEROES Act HEROES Act The new Health and Economic Recovery Omnibus Emergency Solutions Act or HEROES Act, an 1800-page piece of legislation introduced on Wednesday, May 13th into the House is a $3 trillion wave of funding. The House voted on the Act...
Latest Updates on Small Business PPP and EIDL Loan Programs

Latest Updates on Small Business PPP and EIDL Loan Programs

The latest developments in the CARES Act small business aid package contain both good news and not so good news for small businesses. Let’s expand on what we know at this point.   The PPP Loan Program – The Good News On April 30th, the IRS determined that...
The Paycheck Protection Program: Forgivable?

The Paycheck Protection Program: Forgivable?

The Paycheck Protection Program We hope you’re all doing okay through all of this craziness. As the popular Paycheck Protection Programs continues to get additional funding, it’s important to remember the key thing about this loan: it is a loan to begin...