Jason Scoby

New Act Provides More Flexibility to PPP Borrowers

Today President Trump signed the Paycheck Protection Program Flexibility Act of 2020 (the “Act”) to amend certain provisions of the…

4 years ago

SBA Publishes PPP Loan Forgiveness Application

On Friday, the SBA published its Paycheck Protection Program Loan Forgiveness Application, which includes instructions for completing the application.  The…

4 years ago

SBA Issues Further Guidance on PPP Loan Repayment Safe Harbor; All Loans Under $2 Million Deemed to Have Been Received in Good Faith

This morning, the SBA issued much anticipated additional guidance with respect to the Paycheck Protection Program’s repayment safe harbor.  The…

4 years ago

SBA Extends Safe Harbor for Repaying PPP Loans to May 14, Promises More Guidance on Certification Issue

The Small Business Administration has given borrowers another week to decide whether to repay loans under the Paycheck Protection Program…

5 years ago

Attorneys Pete Faust and Jason Scoby Recently Quoted in the Business Journal

Attorneys Pete Faust and Jason Scoby were recently quoted in the Business Journal in an article about advising their clients…

5 years ago

$310 Billion Added to Paycheck Protection Program and $10 Billion Added to Emergency EIDL Grant

An additional amount of $310 billion has been added to the Paycheck Protection Program bringing the total amount allocated for…

5 years ago

New Guidance from the SBA: $100,000 Cap Does Not Apply to Benefits, and Payroll Costs Should Be Calculated on a Gross Basis

On April 6, the SBA updated its Paycheck Protection Program Loans Frequently Asked Questions, which provides much needed guidance to…

5 years ago

SBA Issues Further Guidance on Paycheck Protection Program

On the night of April 2, 2020, the SBA issued additional guidance with respect to the Paycheck Protection Program.  The…

5 years ago

Can Payments to Independent Contractors Be Included in Calculating Payroll Costs Under the Paycheck Protection Program? Uncertainty Exists.

On March 31, 2020, the Small Business Administration (SBA) posted guidance on the Paycheck Protection Program (PPP). This guidance follows…

5 years ago

Applications for Paycheck Protection Program Loans Now Available

Applications for loans under the Paycheck Protection Program (PPP) are now available. The application can be found here. The completed…

5 years ago