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COVID-19 Relief Update

The Small Business Administration (SBA) has recently released updates regarding the Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP). See the links below

PPP Forgiveness Application Draft

PPP Forgiveness Update A first draft of the PPP loan forgiveness application (PDF link) has been released. As with everything related to this program, we

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Paycheck Protection Program SBA Updates

Eligibility On March 27, 2020 President Trump signed into law the CARES Act which included the Paycheck Protection Program (PPP) loan provisions designed to help

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CARES Act

Congress has passed a $2.2 trillion stimulus package to support the economy during the virus pandemic.  The President has indicated that the bill will be

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COVID-19 Update: Loan Modifications for Banks

On March 22, 2020, regulators released an interagency statement on loan modifications by financial institutions working with customers affected by the coronavirus.  This statement applies