Small Business Administration - Paycheck Protection Program 


    On March 27 2020, The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law with the purpose to provide fast and direct economic assistance for American workers and families, and small businesses. Part of the $2 trillion economic relief package included the Small Business Paycheck Protection Program.

    With the amount and frequency of information released, The Georgia Society of CPAs has created a page dedicated to monitoring any PPP news or documents released. GSCPA will be communicating updates as they become available. Please follow GSCPA’s social media channels for alerts on the latest breaking news.


SBA: Paycheck Protection Program News


Small Business Owners With Criminal Past Can Now Apply for PPP Loans, SBA Says

Source: foxbusiness 6/25/20

SBA Issues New PPP Loan Guidance: What You Need To Know and FAQs

Source: forbes 6/25/20 

PPP Recipients Can Apply Early For Loan Forgiveness, SBA Says

Source: journal of accountancy 6/23/20 

US Dept of Treasury and SBA Release Revisions to First Interim Final Rule on PPP

Source: U.S. Treasury 6/11/2020 

Trump Signs Bill Changing Paycheck Protection Program into Law

Source: Marketwatch.com 6/5/20

PPP Forgiveness Changes Coming as Senate Passes House Bill

Source: Journal of Accountancy 6/4/20

SBA Releases Paycheck Protection Program Report

Source: treasury.gov 5/30/2020

SBA Releases Business Loan Program Temporary Changes; Paycheck Protection Program - Requirements - Loan Forgiveness

Source: treasury.gov 5/23/20

SBA Releases Business Loan Program Temporary Changes; Paycheck Protection Program - SBA Loan Review Procedures and related Borrower and Lender Responsibilities  

source: gscpa.org 5/23/20

SBA Releases Interim Rule on Loan Forgiveness for PPP Released

Source: gscpa.org 5/23/20

Interim Final Rule on Treatment with Entities with Foreign Affiliates

Source: treasury.gov 5/18/2020 

Interim Final Rule on Eligibility of Certain Electric Cooperatives

Source: treasury.gov 5/14/20 

SBA: Interim Final Rule on Loan Increases

Source: treasury.gov 5/13/20

Paycheck Protection Program Loans

Source: treasury.gov 5/3/20

SBA to Make Economic Injury Disaster Loans Available to U.S. Agricultural Business Impacted by COVID-19 Pandemic

Source: sba.gov 5/5/20

IRS Notice 2020-32 on Expense Deductions the PPP Loan

Source: irs.gov 5/01/20 

SBA Releases Paycheck Protection Program Report

Source: treasury.gov 4/16/2020

More Information On SBA Loans

Source: gscpa.org 4/3/2020 

U.S. Department of Labor releases Q and A on Families First Coronavirus Response Act