Loan Forgiveness and the Paycheck Protection Program

Earlier this year, the U.S. Small Business Administration (SBA) issued an interim final rule (IFR) regarding the process for appealing SBA loan decisions under the Paycheck Protection Program (PPP). This IFR sets forth the process for a PPP borrower to appeal certain SBA loan review decisions made in connection with a PPP loan to the …

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PIA Urges Congress to Streamline PPP Loan Forgiveness Process

PIA National, along with a broad coalition of business groups, has sent a letter to Congressional leadership to urge them to pass legislation that would improve the Paycheck Protection Program (PPP) loan forgiveness process.  With Congress in a stalemate on the passage of a larger COVID-19 relief package, PIA National has joined with a large alliance of business …

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PIA Participates in Congressional Roundtable on Future Pandemics

Throughout the summer, PIA National has been focused on providing immediate relief to small businesses, enabling them to survive in the current economic climate. We have engaged in sustained advocacy for more funding and vital reforms to the Paycheck Protection Program (PPP), making it more useful to small businesses. We are actively pursuing the inclusion …

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Member Spotlight: Rep. Lance Gooden (R-TX)

Lance Gooden was elected to the United States House of Representatives in 2018 to represent the 5th District of Texas, which goes from Dallas County to Cherokee, Henderson, Kaufman, Anderson, Van Zandt and Wood Counties. Prior to joining the U.S. House of Representatives, Rep. Gooden served three terms in the Texas House of Representatives and worked …

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Further Coronavirus Relief Uncertain; Executive Actions Taken

The White House’s negotiations with Capitol Hill over a fourth coronavirus economic stimulus package failed last week after three weeks of ultimately fruitless talks. The failure to make a deal leaves businesses and employees left to survive financially as coronavirus cases rise, and several states roll back orders to reopen businesses, keeping many of them …

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Paycheck Protection Program Clarifications Continue

In July, PIA National submitted comments on two different regulatory proposals promulgated by the Small Business Administration (SBA) concerning the implementation of the Paycheck Protection Program (PPP). Since then, regulatory activity has continued apace in formal and informal ways. The latest entry in the growing literature on How to Interpret the PPP is an August …

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