Paycheck Protection Program Loans FAQs

CARES, SBA, Treasury

PPP Frequently Asked Questions (FAQs) The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), including both First Draw PPP Loans and Second Draw PPP Loans. Appropriate agencies will update information…

Departments Issue FAQ Part 43 on COVID-19

CARES, DOL, FFCRA, HHS, Treasury

On June 23, 2020, the Departments of Labor, the Treasury, and Health and Human Services (“HHSâ€) (collectively, “the Departmentsâ€) issued FAQ Part 43, which includes certain guidance on the Families First Coronavirus Response Act (“FFCRAâ€) and the Coronavirus Aid, Relief, and Economic Security Act (“CARES Actâ€), as well as other COVID-19 health plan issues.  …