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SBA Issues Revisions to PPP Loan Forgiveness Rule¶
(Laurel Sykes) - No sooner did we publish our last post indicating we were awaiting revisions to SBA’s Loan Forgiveness Rule for Paycheck Protection Program (“PPP”) loans, than the Administration issued the revisions to the May 22, 2020 Loan Forgiveness Rule (the “Rule”).
Continue ReadingPros and Cons of Homeownership¶
(Crystal Rem) - Rates are at historic lows, but how do I know if now is the right time to become a homeowner?
Continue ReadingSpotlight on COVID Scams Targeting Older Adults¶
(Laurel Sykes) - June is World Elder Abuse Awareness month, and today we wanted to shine the light on new variations of common scams targeting older adults. It’s no secret that scammers follow the headlines, and it didn’t take long for them to start using COVID-19 as the new bait to hook their vict…
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SBA Issues New PPP Loan Forgiveness Applications¶
(Laurel Sykes) - Can an interim rule really ever be final? We say that in jest, but we certainly aren’t laughing when we say that nothing is ever final in the land of Paycheck Protection Program (PPP) loans.
Continue ReadingWorld Elder Abuse Awareness Day - June 15, 2020¶
(Laurel Sykes) - Today, June 15, 2020, is World Elder Abuse Awareness Day. World Elder Abuse Awareness Day (WEAAD) was launched by the International Network for the Prevention of Elder Abuse and the World Health Organization at the United Nations (UN).
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The Current State of Payroll Protection Program (PPP) Loan Forgiveness¶
(Laurel Sykes) - A 1-hour discussion on the current state of PPP Loan Forgiveness, including: Documentation required to evidence eligible expenses; Requirements for rehiring or eliminating reductions in employment, salary, or wages that would otherwise reduce the forgivable amount of a PPP loan; Th…
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President Signs the PPP Flexibility Act into Law on June 5, 2020¶
(Laurel Sykes) - On Friday, June 5, 2020, the President signed into law the Paycheck Protection Program Flexibility Act (the “Act”), which provides relief for several of the more restrictive provisions of the PPP Loan Program.
Continue ReadingMortgage Loans: Why Your Credit Score Matters¶
(Crystal Rem) - June is National Homeownership month, so we are bringing you a series of blog posts to help demystify the home loan process.
Continue ReadingIs Now the Right Time to Refinance?¶
(Crystal Rem) - Rates are low…property values are high…but how do you know when the “right” time is to refinance your mortgage loan? June is National Homeownership month, so we are bringing you a series of blog posts to help demystify the home loan process.
Continue ReadingThe Paycheck Protection Program Loan Forgiveness Saga Continues¶
(Laurel Sykes) - Late Friday night, the SBA issued additional Interim Final Rules that provide guidance on: 1) new SBA loan review procedures (“SBA Loan Review rule”) and 2) loan forgiveness requirements (“Loan Forgiveness rule”) established by the new Paycheck Protection Program Loan Forgiveness…
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