COVID Resources

COVID-19 Resources

Paycheck Protection Program Update 7.29.20 – Video

Watch our Paycheck Protection Program Update 7.29.20 with Mike Baker and James Moody. This update includes:  PPP Update and Statistics  Legislative Update  Current Forgiveness Overview  Recommendations View it now: Paycheck Protection Program Update 7.29.20 At Dent Moses, we are committed to keeping you up to date on new information surrounding COVID-19. Please contact us with any questions or visit the COVID-19…
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Paycheck Protection Program Flexibility Act – June 5, 2020 Update

On Wednesday, June 3, the Senate passed the House version of the Paycheck Protection Program Flexibility Act of 2020. As its name suggests, the legislation is intended to give borrowers more flexibility by extending the amount of time to spend PPP funds and by relaxing other requirements. The bi-partisan legislation is expected to be signed by President Trump.

Good News for PPP Loans Under $2 Million

On Wednesday, May 13, the SBA issued additional guidance extending an automatic safe harbor to borrowers with PPP loans less than $2 million. These borrowers are deemed to have made the required certification in good faith. This bright-line test is a relief for many who applied for loans and had concerns that some future SBA…
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