Mallory Law Office
Another SBA Surprise – And It’s Mostly Good News
The SBA has updated its FAQ document today adding FAQ 46 that addresses the question that has been on everybody’s mind — how will...
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Mallory Law Office
- May 12, 2020
- 1 min
What Does The SBA’s Uncertainty Mean For PPP Borrowers? It’s Decision Time
I have watched in wonder as the SBA has, week-by-week, materially changed the terms of the PPP loan program. I have spoken to many...
Mallory Law Office
- May 6, 2020
- 1 min
SBA Extends Safe Harbor Date To May 14, 2020
Based on new guidance issued yesterday, the SBA has automatically extended the Safe Harbor date from May 7, 2020 to May 14, 2020. The SBA...
Mallory Law Office
- May 4, 2020
- 1 min
What PPP Promissory Notes Are Telling Borrowers About PPP Compliance
Some PPP loan promissory notes we have reviewed are including a definition of the borrower that includes shareholders, partners, and...
Mallory Law Office
- Apr 30, 2020
- 2 min
Recent Treasury Guidance Is A Warning To PPP Borrowers
The Treasury Guidance issued April 23, 2020 provides important guidance on how the SBA and lenders will analyze borrowers’ forgiveness...
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