The law doesn’t provide the PPP with any additional funding. However, $7.25 billion in additional funding was recently provided in the American Rescue Plan Act. Read more
What’s on the SEC’s radar, reporting requirements, PPP Round Two, and more can be found in this issue of In Case You Missed It. Read more
The BSA is a diverse community committed to improving the quality of life for everyone through architecture and design. Read more
In an effort to minimize the number of email alerts you receive from us, we are including recent articles and other important resources in this ICYMI summary. Read more
There are numerous provisions included in the Consolidated Appropriations Act, 2021 that can provide much-needed relief. Read more
It’s important to note that “PPP Round Two” is not the same as “PPP Round One” including new eligibility requirements for second-time borrowers. Read more
Two key requirements are the borrower must have no more than 300 employees and generally also must demonstrate at least a 25% reduction in gross receipts in one quarter of 2020 compared with the same... Read more
The COVID-19 aid package contains billions in funding and tax relief. We've provided an overview of the key provisions. Read more
We have been waiting for tax guidance concerning the treatment of expenses used to seek forgiveness of PPP Loans and now we have it. Read more
The Federal Reserve has lowered the minimum loan sizes for certain Main Street Lending Program facilities from $250,000 to $100,000. This was designed to make the program more accessible to companies... Read more
