Surety Matters

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Displaying 5 results for: PPP
Cyber 06.22.2020

Bank of America Discovers Data Breach in PPP Application Process

Bank of America Corporation has informed its customers of a serious data breach affecting those who have applied for the Paycheck Protection Program (PPP).  On April 22, client information was left vulnerable when the bank…
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Bank of America Discovers Data Breach in PPP Application Process
ERISA 06.15.2020

Novel SBA Guidance Simplifies Key PPP Provision

Partnering with the Treasury Department, The U.S. Small Business Administration launched novel guidance offering vital clarifications for individuals taking advantage of the Paycheck Protection Program. Published on June 12, the Interim Final Rule edits the…
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Novel SBA Guidance Simplifies Key PPP Provision
ERISA 06.11.2020

ARA Provides Guidance on PEP & PPP Issues

The American Retirement Association, or ARA, offered the Department of Labor a series of recommendations involving potential service arrangements and proposed fee arrangements, as well as what the covered transactions may be under the possible…
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ARA Provides Guidance on PEP & PPP Issues
ERISA 06.04.2020

Senate Passes Paycheck Protection Program Legislation

The United States Senate just approved the House version of the Paycheck Protection Program (PPP) legislation this Wednesday, augmenting the time given for small businesses and other PPP loan recipients to utilize funds and still…
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Senate Passes Paycheck Protection Program Legislation
ERISA 05.29.2020

House Signs Off on Paycheck Protection Fix Offering More Flexibility

The House of Representatives just approved a stand-alone rule that aims to alleviate snags small business leaders face under the Paycheck Protection Program (PPP). Launched by Representatives Chip Roy (R-TX) and Dean Phillips (D-MN), the…
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House Signs Off on Paycheck Protection Fix Offering More Flexibility