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The SBA Is Making It Easier For PPP Loans To Be Taken By Big Borrowers

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The Small Business Administration will stop requesting additional financial information for PPP loans greater than $2 million.(Twitter/Bloomberg)
The Small Business Administration (SBA) announced it will eliminate the loan necessity review for Paycheck Protection Program (PPP) loans of $2 million or more.
The announcement is a 180 degree turn for the agency. The SBA received widespread backlash in the early days of the pandemic for allowing publicly traded companies to receive PPP funds while small and minority businesses were ignored.
In its announcement the SBA added it will publish a FAQ on the subject soon. Carmen Calzacorta, an attorney with Schwabe, Williamson & Wyatt, told INC the change is “a time and money savings.” ....

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SBA to Drop Its Review of PPP Loans of $2 Million and Above

SBA to Drop Its Review of PPP Loans of $2 Million and Above
inc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc.com Daily Mail and Mail on Sunday newspapers.

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Eos Energy Enterprises Appoints Melissa Berube as General Counsel and David Leligdon as Senior Vice President of Projects

Eos Energy Enterprises Appoints Melissa Berube as General Counsel and David Leligdon as Senior Vice President of Projects
padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.

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City wants reimbursement, says Fairbanks Four violated contract

The city of Fairbanks is accusing the Fairbanks Four â Marvin Roberts, Kevin Pease, Eugene Vent and George Frese â of breach of contract and is seeking reimbursement for its legal defense after the men accused the city and four police officers of civil rights violations, malicious prosecution and wrongful imprisonment.
Roberts, Pease, Vent and Frese say they were wrongfully accused and convicted of murder and are suing for damages, but the city wants the U.S. District Court to enforce a 2015 agreement in which the Fairbanks Four, after collectively serving more than 70 years in prison, waived their rights to seek damages in exchange for their freedom. ....

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Former AG Eric Holder's $2,295 an hour rate for OHSU investigation drawing outrage

Former AG Eric Holder’s $2,295 an hour rate for OHSU investigation drawing outrage
By Maxine Bernstein, oregonlive.com
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FILE - In this Sept. 15, 2018 file photo, former Attorney General Eric Holder addresses the Human Rights Campaign National Dinner in Washington, D.C. Virginians will elect members of the House of Delegates this year using a map seen as favorable to Democrats, according to a ruling Monday, June 17, 2019 by the U.S. Supreme Court. The lawsuit challenging the original House lines was backed by the National Democratic Redistricting Committee, led by former U.S. Attorney General Eric Holder. (AP Photo/Cliff Owen, File) ....

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