Updated PPP FAQs and New Interim Final Rule Update for August 11, 2020
Updates available on the Treasury website: FAQ on Paycheck Protection Loans, click here to read FAQ on Paycheck Protection Program Loan Forgiveness, click here to read Interim Final Rule on Appeals of SBA Loan Review Decisions Under the Paycheck Protection Program, 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.
Continue ReadingJellum Law Attorneys Name 2020 Minnesota Super Lawyers Rising Stars
Jellum Law is proud to announce that Partners, Lindsay Cremona and James Keig, have been named 2020 Minnesota Super Lawyers Rising Stars. This is the second consecutive year that Lindsay and James have received recognition for their work, both previously selected for the 2019 Minnesota Rising Stars list. Rising Stars recognizes the top up-and-coming attorneys – no more than 2.5% are selected in each state. Each year, Super Lawyers, a Thomson Reuters business, selects outstanding attorneys from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement through rigorous evaluations using statewide surveys, independent research, professional achievements, and peer reviews. Congratulations, Lindsay and James!
Continue ReadingNew IFR and Forgiveness Applications Available Update for June 17, 2020
Updates available on the Treasury website for: Interim Final Rule on Revisions to the Third and Sixth Interim Final Rules, click here to read Loan Forgiveness Application, click here to access Application instructions, click here to access Loan Forgiveness Application Form EZ, click here to access Application instructions for Form EZ, click here to access We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available.
Continue ReadingNew PPP IFR and Revised Forms Updates for June 11, 2020
Updates available on the Treasury website for: Interim Final Rule on Revisions to First Interim Final Rule, click here to read Revised PPP Lender Application Form, click here to access Revised PPP Borrower Application Form, click here to access We expect that there will continue to be further guidance, processes, and procedures issued which we will continue to provide updates once available.
Continue ReadingNew PPP Interim Final Rule Update for June 8, 2020
New Paycheck Protection Program guidance released: Interim Final Rule on Eligibility of Certain Telephone Cooperatives, 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.
Continue ReadingPaycheck 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.
Continue ReadingPaycheck 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.
Continue ReadingUpdated 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.
Continue ReadingPaycheck 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.
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