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Interim Final Rule – PPP as Amended by the Economic Aid Act

Better understand the evolving landscape of impact on the Paycheck Protection Program (PPP) under the Interim Final Rule (IFR) issued by the SBA
Learn more about the debt modifications and extinguishments associated with your PPP loan and how your company should evaluate each.

Paycheck Protection Program Second Draw Loans

Learn what is included in the Paycheck Protection Program Second Draw Loans (PPP2) included in the Consolidated Appropriations Act.

Round Two of Economic Injury Disaster Loan Advances

Learn more about the frequently asked questions regarding Round Two of Economic Injury Disaster Loan Advances (EIDL2).
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Revisions to the Paycheck Protection Program

Schneider Downs continues to track the evolving landscape of federal financial programs offered in the wake of the business disruption caused by the coronavirus

Still No Change in the Nondeducibility of PPP-funded Costs

Learn more about the IRS Rev. Rul. 2020-27 issued on November 18, 2020, regarding nondeducibility of PPP-funded costs and impact on borrowers.

Fake News or Fake Truck? Hindenburg Alleges Nikola One Videos Were Faked

Nikola Motor Company (“Nikola”) is an Arizona-based startup company that designs and manufactures electric components, drivetrains and vehicles.

How Descriptive, Diagnostic, Predictive and Prescriptive Analytics Can Be Used To Stop Fraud in Its Tracks

Learn How Descriptive, Diagnostic, Predictive and Prescriptive Analytics Can Be Used To Stop Fraud in Its Tracks.
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Learn about the FBI investigating Selling Support Associate Vu Anh Nguyen for allegedly issuing fraudulent disbursements over a four-month period to himself.

Coronavirus Fraud: Unfortunately, We Told You So

Learn more about FBI PPP-related investigations, involving hundreds of millions of dollars, while the Justice Department has already charged 73 defendants.
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