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SBA relaxes threat against borrowers concerning necessity of PPP loans

Blog

< 1 min read

SBA relaxes threat against borrowers concerning necessity of PPP loans

After many Paycheck Protection Program (PPP) loans had been received, the SBA threatened penalties based upon borrowers certifying the loan is necessary to support ongoing operations. With the... Read More

Richard B. Fry III

May 13, 2020

Double benefit from PPP loan forgiveness eliminated by disallowing deduction for forgiven expenses

Blog

< 1 min read

Double benefit from PPP loan forgiveness eliminated by disallowing deduction for forgiven expenses

Businesses receiving loan forgiveness under the Payroll Protection Program (PPP) are not able to deduct payroll or other expenses for which the loan has been forgiven. In Notice 2020-32 released... Read More

Richard B. Fry III

May 1, 2020

Canton Repository | Law firms provide meals for Canton YWCA

In The News

3 min read

Canton Repository | Law firms provide meals for Canton YWCA

Originally published in the Canton Repository on May 1, 2020 Ordinarily, the YWCA doesn’t provide meals at its shelter in downtown Canton, although food staples are stocked in a shared pantry. But... Read More

Buckingham

May 1, 2020

SBA Provides New Guidance for PPP Loans | Guidance will Apply to Loans Already Made

Blog

3 min read

SBA Provides New Guidance for PPP Loans | Guidance will Apply to Loans Already Made

On April 23, 2020 and again on April 28, 2020, the SBA published an addition to its PPP Loan Program FAQs that included new Questions 31 and 37 that clearly are an attempt to expand on the conditions... Read More

Stephen M. Hammersmith, Steven A. Dimengo, Michael A. Ellis, Robert E. Roland

April 30, 2020

Buckingham Partner, John Swansinger, Earns JDSupra Readers’ Choice Award

Press Releases

2 min read

Buckingham Partner, John Swansinger, Earns JDSupra Readers’ Choice Award

Buckingham is thrilled to share that Partner, John Swansinger, has received a 2020 JD Supra Readers’ Choice Award for his content contributions via his YouDig? platform. This award acknowledges... Read More

John Swansinger

April 29, 2020

Law360: Security Co. Disputes ADT Fee Sourcing In Ohio High Court

In The News

3 min read

Law360: Security Co. Disputes ADT Fee Sourcing In Ohio High Court

Originally published on Law360 on April 28, 2020.  | PDF Download available by clicking here. Watch the oral argument here. A security company that sells residential alarm service contracts to ADT... Read More

Richard B. Fry III

April 29, 2020

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