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GAMMON & GRANGE, P.C. BLOG

Serving Our National & Local Faith-Based Nonprofits and Businesses

CORONAVIRUS RELIEF ALERT — CARES Act Alert #19: Changes to the PPP Loan Forgiveness Process

Gammon & Grange, P.C.
August 11, 2021
On August 4, 2021, the Small Business Administration (SBA) opened a new portal to allow the smallest businesses and nonprofits to submit a Paycheck Protection...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #18: PPP Deadline Extended / New SBA Grant Program for Small Venue Operators / Maximum Loan Size for COVID-19 EIDLs Tripled

Gammon & Grange, P.C.
March 31, 2021
  New pandemic relief for small entities is arriving in three forms. First, the recent $1.9 trillion American Rescue Plan Act of 2021 (H.R. 1319)...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #17: Deadline Approaching: Time Running Out to Apply for a PPP Loan

Gammon & Grange, P.C.
March 12, 2021
Congress passed and the President just signed into law the $1.9 trillion American Rescue Plan Act of 2021 (H.R. 1319) to provide additional support for...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #16: SBA Gives PPP Priority to the Smallest Entities

Gammon & Grange, P.C.
February 26, 2021
  Earlier this week, the Small Business Administration (SBA) issued a notice stating that from now until March 10, 2021, only those businesses and nonprofits...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #15: Rule for PPP Second Draw: PPP Open Again for Business

Gammon & Grange, P.C.
January 14, 2021
  On January 6, 2021, the Small Business Administration (SBA) released a rule to guide borrowers and lenders on how it will implement the second...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #14: Second Draw of the Paycheck Protection Program

Gammon & Grange, P.C.
December 23, 2020
  After a four-month hiatus, the Paycheck Protection Program (PPP) of the Small Business Administration (SBA) should soon reopen to accept new loan applications from...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #13: SBA Releases Paycheck Protection Program Loan Forgiveness FAQS

Gammon & Grange, P.C.
August 6, 2020
The Small Business Administration (SBA) released 24 Frequently Asked Questions (FAQs) consolidating answers about the loan forgiveness process for those who borrowed Paycheck Protection Program...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #12: President Signs Extension of Payment Protection Program (PPP) Loan Application Deadline

Gammon & Grange, P.C.
July 6, 2020
  What to Do with All that Money Left in the PPP? Substantial PPP funds – some $138 billion – were unallocated as of the...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #11: New EZ Paycheck Protection Program (PPP) Loan Forgiveness Application

Gammon & Grange, P.C.
June 25, 2020
New Easier to Use PPP Loan Forgiveness Application    The new easier form is designed for certain individuals, small businesses and non-profits to apply for...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #10: Fixes to the Payment Protection Program.

Gammon & Grange, P.C.
June 8, 2020
Congress Listened to PPP Loan Applicants and Recipients.   After hearing numerous questions and concerns from small businesses and nonprofits regarding the implementation of the...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #9: FAQ #46’s Safe Harbor Guidance: Just in the Nick of Time.

Gammon & Grange, P.C.
May 13, 2020
  This CARES Alert #9 focuses on new Safe Harbor guidance for applicants of PPP loans under $2 Million. For these applicants, this guidance protects...
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CORONAVIRUS RELIEF ALERT — CARES Act Alert #8: Unemployment Benefits and the Impact on Small Businesses, Nonprofits, and Faith-Based Organizations (Including Churches)

Gammon & Grange, P.C.
April 7, 2020
Background: To explain key relief for 501(c)(3) nonprofits and small businesses in the $2 Trillion CARES Act (complete text), we published our CARES Act Alert...
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