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Paycheck Protection Program: SBA Issues Long Awaited Guidance on Loan Forgiveness and Review Procedures

Webinar | 05.28.20, 10:00 AM EDT - 11:00 AM EDT

On Thursday, May 28, 2020, Crowell & Moring LLP will present its latest webinar on the Paycheck Protection Program (PPP), covering key guidance from the Small Business Administration and Treasury on loan forgiveness eligibility and procedures for SBA’s loan review. 

 


We will discuss the Interim Final Rules issued by the Small Business Administration and Treasury which provide more detail on which payroll and non-payroll expenses are eligible for forgiveness, how such expenses should be calculated and the applicable timelines for determining the eligible forgiveness amount, how mandatory reductions to the eligible forgiveness amount will be calculated, and how to avoid such reductions through rehiring employees and restoration of salaries and wages.  We will also discuss the application submission process for seeking loan forgiveness, including the documentation that must accompany such applications.  In addition, we will address SBA’s and the lender’s role in reviewing individual PPP loans, the anticipated timeline for lender and SBA loan review and forgiveness decisions, and practical tips to prepare for these reviews.  


Crowell & Moring continues to monitor PPP developments and is standing by to help navigate the Application for Forgiveness.


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Webinar | 09.28.26

Rethinking "the Administrative State" - Takeaways From the Supreme Court's 2025–26 Term

The Supreme Court's 2025–26 term took up several momentous cases that will influence and, in key respects, reorient constitutional separation-of-powers principles moving forward. Join the D.C. Bar Administrative Law and Agency Practice Community for a discussion of the key takeaways from the Supreme Court's 2025-26 term. This panel will examine decisions addressing the scope of executive branch authority, including cases involving tariffs issued under the International Emergency Economic Powers Act and the removal of leaders of so-called independent agencies. The discussion will also address significant orders issued on the Court's emergency docket and what these decisions and orders signal about the distinct roles the three branches of federal government play in shaping the administrative state.