by RPB Team | May 18, 2020 | Articles, COVID-19, Loans
On Friday night, May 15th, the Small Business Administration (SBA) finally provided some actionable guidance on PPP forgiveness. The guidance is in the form of the actual forgiveness application. Forgiveness for loans under $2M will be handled by your lender and...
by RPB Team | Apr 21, 2020 | Articles, COVID-19, Loans
As businesses begin to receive funds from the Paycheck Protection Program (PPP), understanding the forgiveness portion of the program is essential. The key to loan forgiveness will be spending the funds on the proper expenses in the eight weeks immediately following...
by RPB Team | Apr 3, 2020 | Articles, COVID-19, Loans
With an effort to keep everyone informed, we wanted to provide an update to the Paycheck Protection Program, which is the Small Business Administration 7(a) lending program, we are sure you have become familiar with. Last night, on April 2nd, the final rules were...
by RPB Team | Apr 1, 2020 | Articles, COVID-19
The coronavirus relief bill signed by President Donald Trump late Wednesday contains, among its many provisions, several tax credits for employers who provide paid sick leave or family or medical leave for their employees who miss work for various coronavirus-related...
by RPB Team | Mar 31, 2020 | Articles, COVID-19
Congress has reached a bipartisan compromise on a $2 trillion economic stimulus package to address the economic impact caused by the COVID-19 outbreak titled the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The bill includes provisions from the Keeping...
