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Paycheck Protection Program (PPP)

Articles 11 - 20 of 46

Interim Final Rule – PPP as Amended by the Economic Aid Act

Better understand the evolving landscape of impact on the Paycheck Protection Program (PPP) under the Interim Final Rule (IFR) issued by the SBA
Learn more about the debt modifications and extinguishments associated with your PPP loan and how your company should evaluate each.

What Is in the Second Round of Stimulus for Nonprofits?

Learn more about the benefits directly affecting nonprofits due to the latest stimulus package signed by President Trump.

Paycheck Protection Program Second Draw Loans

Learn what is included in the Paycheck Protection Program Second Draw Loans (PPP2) included in the Consolidated Appropriations Act.
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Round Two of Economic Injury Disaster Loan Advances

Learn more about the frequently asked questions regarding Round Two of Economic Injury Disaster Loan Advances (EIDL2).

Revisions to the Paycheck Protection Program

Schneider Downs continues to track the evolving landscape of federal financial programs offered in the wake of the business disruption caused by the coronavirus

Next Round of Coronavirus Economic Stimulus on the Way

Learn more about the Next Round of Coronavirus Economic Stimulus including the proposed tax-deductions regarding Paycheck Protection Program loans.

Still No Change in the Nondeducibility of PPP-funded Costs

Learn more about the IRS Rev. Rul. 2020-27 issued on November 18, 2020, regarding nondeducibility of PPP-funded costs and impact on borrowers.
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Paycheck Protection Program – Loan Necessity Questionnaire FAQ

Learn more about the PPP Loan Necessity Questionnaire as outlined in the last PPP FAQ update issued on December 9th.

Impact of Gifting Ownership Interest on PPP Loan Procedures

Learn more about the complicated implications on ownership procedures if gifting your ownership interest in a business that has a PPP loan.
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