Client Advisory: SBA Provides Further Updates on PPP and EIDL Loan Programs

With the passage of another week comes more guidance on the SBA’s PPP loan program.

This week we cover the extension of safe harbor deadline, the effect of doing business with cannabis companies, calculating the 500 employee threshold, calculating payroll costs, and significant new limits on the EIDL loan program.

Please see our Client Update (PDF) for more details.

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DATE: 05/11/2020

AUTHOR: Aaron Kriss

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