Tag Archives: Peter H. Lieberman

SBA Releases PPP Loan Forgiveness Application

Late on May 15, the SBA released its PPP Loan Forgiveness Application. View the application form and instructions here. The U.S. Treasury also published some initial, limited commentary. Find the commentary here. These documents provide certain guidance on options for calculation of payroll costs, instructions on performing required calculations under the CARES Act, among other … Continue Reading

What to Do Now With Your CARES Act PPP Loan

  :הבהרות בדבר הסיכונים הכרוכים בקבלת הלוואה תחת התכנית להגנת שכר The Paycheck Protection Program (PPP Loans) במהלך עשרת הימים האחרונים התפרסמו מספר הנחיות אשר, יחד עם התבטאויות של בכירים בממשל האמריקני, מעבירות את המסר לפיו הפיקוח על קבלת הלוואות תחת ה- Paycheck Protection Program יתהדק.  ההנחיות מנוסחות באופן המותיר לא מעט אי בהירות לגבי … Continue Reading

New Guidance on PPP Loan Eligibility: Hedge Funds, PE Funds, and Businesses with Access to Liquidity

Many Israeli companies have operations set up in the US, thus have been adversely affected by COVID-19 on both the Israeli and American fronts. The US government recently announced adding additional funds to the PPP loans, making it possible for eligible companies, certain Israeli corporations included, to apply for funding.  The US government also provided … Continue Reading