Paycheck Protection Program Flexibility Act of 2020 Update for June 4, 2020
Yesterday the Senate passed the Paycheck Protection Program Flexibility Act of 2020, click here to read the details. The Act will move forward to await the President’s signature. We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available.
Read morePaycheck Protection Program Update for June 3, 2020
The SBA and Treasury released SBA Procedural Notice 5000-20029 on Lender Remittance of EIDL Refinance Proceeds to SBA, click here to read. We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available. Please feel free to pass these announcements along to your colleagues and they can click here to sign up for our newsletters.
Read moreUpdated PPP FAQ – May 28, 2020
Update available on the Treasury website for: Paycheck Protection Program FAQs, click here to read the latest version We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available.
Read morePaycheck Protection Program Updates for May 21, 2020
The SBA and Treasury just released SBA Procedural Notice 5000-20028 on PPP Lender Processing Fee Payment and 1502 Reporting Process, click here to read We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available.
Read moreNew Interim Final Rules
Paycheck Protection Program guidance: Interim Final Rule on Loan Forgiveness, click here to read on the Treasury website Interim Final Rule on SBA Loan Review Procedures and Related Borrower and Lender Responsibilities, click here to read on the Treasury website We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available.
Read morePaycheck Protection Program Updates from Treasury for April 27, 2020
Latest updates available on the Treasury website for: Interim Final Rule on Additional Criterion for Seasonal Employers, click here to read; Paycheck Protection Program FAQs, click here to read the latest version; and; How to Calculate Maximum Loan Amounts (by Business Type), click here to read. We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available. Please feel free to pass these announcements along to your colleagues and they can click here to sign up for our newsletters.
Read moreSBA Procedural Notice 5000-20020
Latest updates available for: SBA Procedural Notice 5000-20020, click here to read the update on the Colson Services website. Paycheck Protection Program FAQs, click here to read the latest version on the Department of Treasury website. We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available. Please feel free to pass these announcements along to your colleagues and they can click here to sign up for our newsletters.
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