Updated FAQs and Procedural Notices Released for First-Draw PPP Loan Borrowers On Jan. 17, 2021, the Small Business Administration (SBA) and the U.S. Department of the Treasury (Treasury) provided updated guidance in the form of frequently asked questions (FAQs) to help businesses calculate the maximum loan amount for first-draw Paycheck Protection Program (PPP) loans.
Updates and Changes to the Employee Retention Credit in 2021 EPISODE 48: DHG's John Chennoor discusses the recent changes to the Employee Retention Credit as a result of the recently passed Consolidated Appropriations Act, as well as subsequent opportunities for eligible employers to take advantage of the credit in 2021.
SBA Issues New Guidance on PPP Amendments On Jan. 6, 2021, the U.S. Department of the Treasury (Treasury) and the Small Business Administration (SBA) issued two new Interim Final Rules (IFR) providing guidance on amendments to the Paycheck Protection Program (PPP) made by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Ven...