Blog

SBA Issues the Paycheck Protection Plan Loan Forgiveness Application

May 18, 2020 by Sheila Denny-Andrews
Uncategorized
The following is a press release from the SBA on May 15, 2020. SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application Release Date:  Friday, May 15, 2020 Release Number:  20-41 Contact:  press_office@sba.gov Washington—Today, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the...
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Newly Released SBA Guidelines on Review of PPP Good-Faith Certifications

May 13, 2020 by Sheila Denny-Andrews
Copeland Buhl
Today the SBA released guidance regarding borrowers good-faith certification for PPP loan proceeds.  Please review the attached FAQ #46 for the official SBA guidance, including a $2 million safe harbor provision. If you have any questions, please contact your representative at Copeland Buhl. The deadline to return funds is Thursday,...
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Hennepin County Small Business Relief Program

May 1, 2020 by Sheila Denny-Andrews
Copeland Buhl
In order to provide support to businesses impacted by COVID-19, Hennepin County implemented the Small Business Relief Program which was “designed to help small local businesses meet immediate financial needs.” This program provides emergency forgivable loans up to $7,500 to pay for critical operating expenses, such as: Utilities Rent/Mortgage payments...
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