Paycheck Protection Program

At Schwabe, we understand that navigating the Paycheck Protection Program (“PPP”) can be challenging.

To help our clients, we established our CARES Act task force, with attorneys who represent a spectrum of business and industry-focused legal services. Together, they examine the PPP business loan program established by the federal government’s Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) from every angle.

Our team includes Stephanie BerntsenCarmen CalzacortaOmar ContrerasDan Eller, Darius Hartwell, Elizabeth Howard, Ken Katzaroff, Mark LongWally Miller, Steven PrewittRuss Robertson, Craig Russillo, Charmin Shiely, Christopher Slottee, and Savannah Wolfe, and they are working together to closely monitor updates around what businesses need to do for their PPP loans and loan forgiveness.

Below you’ll find a collection of media and articles created by Schwabe with the goal of bringing some clarity to these uncertain times. Additionally, we encourage you to visit our COVID-19 and CARES Act resource pages for more information.  

Recent Legal Articles:

A Guide to the SBA PPP Loan Forgiveness Review Process

Ten Things to Know About the PPP Loan Forgiveness Application

PPP Authority Extended Through August 8, 2020

PPP Loan Rules Clarified for Fishing Boat Owners/Operators; OSHA and CDC Interim Guidance for Seafood Processors

SBA Issues Additional PPP Rules on Effect of State and Local COVID-19 Orders and Other Items on Loan Forgiveness

What to Know for Businesses Completing the Revised PPP Loan Forgiveness Applications

Key Considerations for PPP Documentation 

Ten Things to Know About the PPP Loan Forgiveness Applications 

SBA Offers Further Guidance on PPP Loan Forgiveness

Noteworthy Amendments to the PPPFA Interim Final Rules

Latest PPPFA Statement Offers Some Clarity

Changes to PPP Loans Under the Paycheck Protection Program Flexibility Act

PPP Loan Forgiveness Forms and Instructions:

PPP Loan Forgiveness Application Form 3508EZ 

PPP Loan Forgiveness Application Form 3580EZ Instructions for Borrowers/Checklist for Using SBA Form 3508EZ 

PPP Loan Forgiveness Application Form Revised June 16, 2020 

Loan Forgiveness Application Instructions for Borrowers

In these unprecedented times, Schwabe is here for our clients. We encourage you to visit this page frequently for the latest news related to COVID-19, the CARES Act, and the Paycheck Protection Program. 

COVID-19 Resources

CARES Act button

Our task force dives into the questions clients are asking, actions businesses should take, and how to access some of the relief that the CARES Act provides.