On June 13, 2023, the U.S. Small Business Administration (“SBA”) issued new FAQ 72 (“FAQ 72”) to help clarify whether amounts paid by borrowers to third-party payers for the third-party payer’s ...

Congress recently approved Farm Bureau-backed legislation that extends the Paycheck Protection Program application deadline by two months, from March 31 to May 31, helping more farmers and ranchers ...

When COVID-19 began to infect Americans in early 2020, Congress appropriated $787 billion under the Paycheck Protection Program (PPP) to allow businesses and nonprofits to pay employees when they were ...

President Joe Biden has signed into law legislation extending the Paycheck Protection Program application period for another two months. The bipartisan PPP Extension Act will extend the PPP ...