PPP Loan Updates –
Additional Guidance for Seasonal Employers

The SBA released a new Interim Final Rule regarding the PPP loan program on April 27, 2020 that provides additional guidance for seasonal employers.  The CARES Act provided that, for purposes of calculating the maximum loan amount, seasonal employers could use the...

EIDL Funding Update

The SBA has announced that with the additional funding provided by the new COVID-19 relief package that was signed into law on Friday, April 24, 2020, the SBA will resume processing EIDL Loan and Advance applications that are already in its queue on a first come,...