Paycheck Protection Program (PPP)

March 08, 2021

Preparing for SBA Questions in the Loan Forgiveness Review Process

2021-07-08T11:59:20-04:00By , |Categories: Client Alerts, Federal Grants, Firm News|Tags: , , , , |

As many commercial businesses and nonprofit organizations are submitting their Paycheck Protection Program (“PPP”) loan forgiveness applications, considering the possibility of “second draw” loans, and looking back over 2020, it is a good [...]

February 23, 2021

CLIENT ALERT: The SBA’s Loan Necessity Questionnaire Raises Concerns for Borrowers

2022-05-03T17:18:49-04:00By , |Categories: Client Alerts, Federal Grants|Tags: , , , |

In late October and early November 2020, the SBA began distributing to lenders SBA Form 3509[1] and 3510[2] (the “Loan Necessity Questionnaire”) to collect supplemental information for its review of loan forgiveness applications, [...]

November 03, 2020

FTLF Managing Partner Presents at Alaska PCA Winter Summit Conference

2021-07-08T12:07:45-04:00By |Categories: Federal Grants, Speaking Engagements|Tags: , , , , |

Today, FTLF Managing Partner Ted Waters will present at the Alaska Primary Care Association’s (APCA) Winter Summit Conference. Mr. Waters’ presentation will focus on best practices and emerging challenges for grant management during [...]

August 17, 2020

August 2020 Uniform Guidance Changes: Key Takeaways from the Five-Year Update

2023-11-13T11:57:14-05:00By , , , |Categories: Articles, Blog, Client Alerts, Federal Grants|Tags: , , , , |

Our Feldesman Tucker Leifer Fidell LLP (FTLF) grant law attorneys have completed an initial review of the recent changes to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform [...]

July 07, 2020

CLIENT ALERT: Congress Extends PPP Loan Application Deadlines and SBA Has Issued Clarifications Implementing the PPP Flexibility Act

2021-11-02T16:17:19-04:00By , |Categories: Client Alerts, Federal Grants|Tags: , , , , |

On July 4, 2020, the President signed S. 4116 into law, extending the date by which eligible borrowers may apply for Paycheck Protection Program (“PPP”) Loans through August 8, 2020.[1]  Prior to this [...]

June 22, 2020

CLIENT ALERT: SBA Revises PPP Loan Forgiveness Application and Releases New “EZ” Loan Forgiveness Form

2021-11-02T16:18:54-04:00By , |Categories: Client Alerts, Federal Grants|Tags: , , , , |

On June 17, 2020, in light of the recent changes to the Paycheck Protection Program (“PPP”) by the Paycheck Protection Program Flexibility Act,[1] the SBA released a revised Loan Forgiveness Application (“Full Loan [...]

June 22, 2020

FTLF Attorneys to Present NGMA’s July Grants Webinar on the SBA’s Paycheck Protection Program

2021-11-02T16:19:38-04:00By |Categories: Federal Grants, Speaking Engagements|Tags: , , , , |

FTLF attorneys Michael Glomb and Scott Sheffler will host the National Grant Management Association’s (NGMA) July grants webinar, The SBA’s Paycheck Protection Program: Challenges and Opportunities. The Small Business Administration’s (SBA) Paycheck Protection [...]

June 08, 2020

CLIENT ALERT: The Paycheck Protection Program Changes Again!

2021-09-27T16:15:51-04:00By , |Categories: Client Alerts, Federal Grants|Tags: , , , , , |

On June 5, 2020, the Paycheck Protection Program (“PPP”) Flexibility Act[1] became law, again changing major features of the PPP Loan Program.  As its name suggests, the new law was enacted primarily to [...]

May 29, 2020

CLIENT ALERT: SBA Clarifies Paycheck Protection Loan Forgiveness Criteria

2021-09-27T16:16:10-04:00By |Categories: Client Alerts, Federal Grants|Tags: , , , , , |

In an interim final rule (“IFR”) issued on May 22, 2020,[1] the Small Business Administration (“SBA”) clarified the method by which Paycheck Protection Program (“PPP”) Loan Program funds must be expended and documented [...]

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