Latest SBA Paycheck Protection Program Updates

  • SBA. The SBA and Treasury Department updated their list of frequently asked questions on the Paycheck Protection Program earlier this morning.

  • SBA published a detailed breakdown of the PPP funding that has been distributed thus far.

  • SBA issued a interim final rule clarifying the process of applying for PPP loans for individuals who report self-employed income on a 1040 Schedule C

  • SBA issued an interim final rule outlining additional guidance for the paycheck protection program. TRP’s comprehensive analysis of the small business provisions contained in COVID-19 response bills can be read here. The loan application form can be accessed here.

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