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About the Interim Final Rule - On January 19, 2021, the Small Business Administration (SBA) published new Loan Forgiveness Requirements and Loan Review Procedures pursuan...
The Consolidated Appropriations Act, 2021 (the “CAA”) that was signed into law on December 27, 2020, amends the Employee Retirement Income Security Act of 1974 (“ERISA”), the Public Health Service Act and the Internal Revenue Code to include new provisions that specifically require the Secretaries of the Departments of Health and Human Services, Labor, and the Treasury (the “Secretaries”) to request documents that demonstrate compliance with the Mental Health Parity and Addiction Equity Act of 2008’s (“MHPAEA”) nonquantitative treatment limit (“NQTL”) requirements from ...
What’s in the Final Rule? How is it different from the Interim Final Rule? How will farmers be affected? To find out, we talk to hemp farmer Ben Davies from
To embed, copy and paste the code into your website or blog: Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower generally may submit a loan forgiveness application any time on or before the maturity of the loan—including before the end of the covered period—if the borrower has used all of the loan proceeds. But that does not mean a borrower should submit a loan forgiveness application as soon as possible. There are many considerations you should take into account when decidin...