Topic
PPP Loans
274 published works
Banking & Finance Law Report
Preparing for PPP loan reviews and appeals: Avoiding potential pitfalls
More than $800 billion in Paycheck Protection Program (PPP) loans were approved over the life of the program that was created by the Coronavirus Aid, Relief and Economic Security Act…
Milikowsky Tax Law Blog
PPP Loan Applications are Closed as Fraudulent Cases Emerge
Over the past year businesses flocked to the Small Business Administration (SBA) to submit applications to receive their share of the federally allocated Paycheck Protection Program funding. PPP…
In Solvency
WHAT LENDERS NEED TO KNOW TO OBTAIN SBA GUARANTY PAYMENT ON DEFAULTED PPP LOANS
The Payroll Protection Program (“PPP”) was created by Congress through the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) to loan money to certain businesses for the primary purpose…
Nonprofit Law Prof Blog
Private Schools, P.P.P. Loans, and Racial Discrimination
Historically, since private schools have not received federal funds, they have not been subject to civil rights laws, including Title VI of the Civil Rights Act of 1964 (“Title VI”),…
Finance & Bankruptcy Law Blog
House Subcommittee Launches Investigation into FinTech Companies’ Role in Allegedly Fraudulent PPP Loans
By Moorari Shah, A.J. Dhaliwal
The House Select Subcommittee on the Coronavirus Crisis recently announced an investigation into the role of four Fintech companies and partner banks in issuing allegedly fraudulent Paycheck Protection Program (PPP)…
Consumer Finance and Fintech Blog
House Subcommittee Launches Investigation into FinTech Companies’ Role in Allegedly Fraudulent PPP Loans
By Moorari Shah, A.J. Dhaliwal
The House Select Subcommittee on the Coronavirus Crisis recently announced an investigation into the role of four Fintech companies and partner banks in issuing allegedly fraudulent Paycheck Protection Program (PPP)…
Texas Tax Law Blog
Texas Franchise Tax Update: Texas Taxpayers Spared from Tax Increase Arising from PPP Loan Forgiveness
By Gordon Martens, Katy Ballard
Texas taxpayers can breathe a collective sigh of relief since House Bill 1195 was signed into law on May 8, 2021. The bill provides that forgiveness on Paycheck Protection Program…
Real Bankruptcy Intel
Too Little Too Late? After Much Debate, SBA Allows Debtors to Access PPP Loans – But Only on a Limited Basis
By Kyle J. Tum Suden, Aaron Gavant, Sean T. Scott
After more than one year since the Paycheck Protection Program, or PPP, was established pursuant to the US Cares Act in March 2020, the Small Business Administration (“SBA”) has recently…
Does Crime Pay?
Continued Scrutiny of COVID-19 Fraud Ensnares Cincinnati Politico
By Joe Barton
Ohioans disenchanted with the past two years of public corruption cases (see our previous post on that subject here) may no longer have to tolerate the seemingly endless number of…
Corporate & Securities Law Blog
California Largely (But Not Fully) Conforms to Deductibility of Expenses Paid with Forgiven PPP Loans
On April 29, 2021 Governor Newsom signed California A.B. 80, largely conforming to Federal rules relating to deductibility of expenses paid with funds from forgiven Paycheck Protection Program (PPP) loans. …