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.
PPP Loan Forgiveness Update – Webinar
Watch the webinar update presented by Dent Moses partners Mike Baker and James Moody, along with Nicole Reed of Capital Solutions as they review this new guidance and what it means for you.
COVID-19: Returning to Work Webinar
Dent Moses Managing Partner, Mike Baker, leads a panel discussion on returning to work. As shelter-in-place orders are lifted, businesses will enter uncharted territory. How will you respond?
PPP Loan Forgiveness Application & Guidance Released May 15th
On Friday, May 15th, the SBA in consultation with the Treasury released an application and instructions for PPP loan forgiveness.
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…
Read More
Paycheck Protection Program Update (Part III) with Dent Moses and Capital Solutions
Paycheck Protection Program Update (Part III) with Dent Moses Managing Partner, Mike Baker; Dent Moses Partner, James Moody; and SBA Lender, Nicole Reed of Capital Solutions.
Paycheck Protection Program Forgiveness Template
It’s been an intense couple of weeks. The next task for those who submitted loan applications for the Paycheck Protection Program (PPP) will be to determine how much of the loan will be forgiven. The attached template should help – it is intended as a planning tool. Guidance is sparse and we expect the administration…
Read More
Paycheck Protection Program Update (Part II) with Dent Moses and Capital Solutions
Paycheck Protection Program Update (Part II) with Dent Moses managing partner, Mike Baker and SBA Lender, Nicole Reed of Capital Solutions.
UPDATED: Alabama Department of Labor Releases Summary of COVID-19 Benefits Available
Included in this post is the CARES Act and Unemployment Insurance Frequently Asked Questions as well as a COVID-19 Benefits Available – PDF table available here or at the bottom of the article.
Paycheck Protection Program Update with Dent Moses and Capital Solutions – Video
Dent Moses managing partner, Mike Baker and SBA Lender, Nicole Reed of Capital Solutions, discuss the latest guidance and frequently asked questions concerning the Paycheck Protection Program in the following video.