SBA Paycheck Protection Program Information

An Update from Attorneys at Kerr Russell

The federal government is taking unprecedented actions to stimulate the economy during the COVID-19 pandemic. New information is being released daily, and it's our desire to give our clients as much helpful information as possible during this time. 

Below, you will find a downloadable PDF with FAQs surrounding the SBA's Paycheck Protection Program. Questions include:

  • Who Qualifies?
  • How Much May be Borrowed and at What Cost?
  • What May the Loan Proceeds be Used For?
  • What Portion of the Loan May Be Forgiven?

***Also included is information on changes to the existing SBA's Economic Injury Disaster Loans (EIDLs). 

 

Click the image below to download the PDF.

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