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PPP Flexibility Act Brings Welcome Changes to Loan Program

Congress yesterday passed the H.R. 7010, entitled the Payroll Protection Program Flexibility Act of 2020 (PPFA), to fix what many perceived to be some of the biggest flaws in the loan program.
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SBA Issues More Guidance on PPP Loan Forgiveness

The SBA PPP Forgiveness Regulations are out, and we explain what they say about bonues, owner compensation, calculating employee headcounts, and more.
Federal Loan Program Update from DPW Legal with an image of Covid 19
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Good PPP News for Partnerships and Businesses With Seasonal Workers

New SBA guidance issued May 13, 2020 allows partnerships and seasonal businesses to increase their PPP loan amount -- but only if they act fast! Here's how.
Federal Loan Program Update from DPW Legal with an image of Covid 19
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Taking Advantage of the Second Round of PPP Funding

Many small businesses are still reeling from the effect of business…
Federal Loan Program Update from DPW Legal with an image of Covid 19
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Treasury Offers Additional Guidance on PPP Loans

The Treasury Department issued important guidance on Payroll Protection Program (PPP) loans on April 7, 2020.
Federal Loan Program Update from DPW Legal with an image of Covid 19
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Should I Run to My Bank Today to Apply for a PPP Loan?

Tampa and Wesley Chapel businesses should gather information now to be ready to apply for a PPP loan next week once the banks are more ready to implement.
Federal Loan Program Update from DPW Legal with an image of Covid 19
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CARES Act PPP Loan Program Applications Open April 3

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We now have more guidance from the SBA and others on the contours of the Payroll Protection Program created by the enactment of the CARES Act.
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COVID-19 Disaster Relief for Florida Businesses

There are at least three programs available to Florida business owners at this time -- the Florida Small Business Emergency Bridge Loan, the SBA's Economic Injury Disaster Loan (EIDL) program, and the newly-enacted Paycheck Protection Program (PPP), which is part of last week's Coronavirus Aid, Relief, and Economic Security Act (CARES ACT). Here's a brief discussion of each, with links to application resources and further information.