SBA releases more info on PPP appeals process, forgiveness FAQs

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The Small Business Administration (SBA) has issued an interim final rule (IFR) detailing the process for paycheck protection program (PPP) borrowers to appeal loan forgiveness application decisions. In addition, the agency released more FAQs related to fees, group health care benefits, and the impact of economic injury disaster loans (EIDLs) on PPP forgiveness.The PPP’s authorization expired Aug. 8; the SBA’s latest data showed that almost $134 billion in funding remained. Congress is currently considering ways to continue and improve the program, including by allowing certain borrowers to take out a second PPP loan and simplifying the forgiveness process, which could be included in a Phase 4 coronavirus relief package.The IFR informs PPP borrowers and lenders of the process for a PPP borrower to appeal certain SBA loan review decisions under the PPP to the SBA Office of Hearings and Appeals (OHA). Decisions eligible for the appeals process must be an official written decision by SBA, after SBA completes a review of a PPP loan, that finds a borrower:was ineligible for a PPP loan;was ineligible for the PPP loan amount received or used the PPP loan proceeds for unauthorized uses;last_img read more

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Trump drops ballot court challenge in Arizona, Biden lead too big

first_imgThe Arizona complaint, which was filed Saturday in Maricopa County Superior Court, alleged that numerous voters filing ballots in person on Election Day had been tricked into having their votes disqualified by the electronic tabulation machines.The Trump campaign had originally argued if the disqualified ballots were added to the vote tally, it “will prove determinative of the outcome of the election for President of the United States in Arizona and/or other contested offices in Maricopa County.”“Numerous voters were alerted by these devices to a facial irregularity in their ballot … but were induced by poll workers to override the tabulator’s rejection of the ballot in the good faith belief that their vote would be duly registered and tabulated,” the complaint alleged.“In actuality, overriding the electronic tabulator’s alert automatically disqualifies the putative ‘overvotes’ without additional review or adjudication.”This is breaking news. Check back for updates. Biden already had been projected to win the presidential race as of last Saturday.Trump campaign spokesman Tim Murtaugh told CNBC, “All parties acknowledge that in-person voters, who were likely predominately Trump voters, were disenfranchised by having their votes kicked out by the machines in Maricopa County, so for Democrats to celebrate that fact is shameful. We continue to explore President Trump’s options in Arizona.”Trump has refused to concede the race, as his campaign conducts a series of legal challenges in a half-dozen battleground states in an effort to reverse Biden’s lead. The president has falsely claimed that he won the race.- Advertisement – – Advertisement – U.S. President Donald Trump speaks during a campaign event at the Arizona Grand Resort and Spa in Phoenix, Arizona U.S., September 14, 2020.Jonathan Ernst | Reuterscenter_img The campaign of President Donald Trump on Friday dropped a legal challenge of a number of ballots in Maricopa County, Arizona, saying that President-elect Joe Biden’s lead in the case is to big for the disputed ballots to make a difference.In a filing Friday in county court, the campaign, which has said that numerous voters had their ballots invalidated, said that “the tabulation of votes statewide has rendered unncessary a judicial ruling as to the presidential electors.”NBC News projected Thursday evening that Biden will win the popular vote in Arizona, and hence win all of the state’s 11 votes in the Electoral College.- Advertisement – – Advertisement –last_img read more

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Mexican inmates die after drinking anti-virus gel

first_imgLocal media reported that the inmates had mixed the gel with a cola drink.”They weren’t motivated by health, but to drink alcohol and that caused their death,” Puebla’s Interior Minister David Mendez told reporters.Prison authorities have distributed antibacterial gel in Mexico’s chronically overcrowded prisons in a bid to prevent the spread of the coronavirus.Mexico, which has a population of 127 million, has so far registered more than a quarter of a million infections and more than 27,000 COVID-19 deaths. Three inmates of a prison in Mexico died after ingesting antibacterial gel distributed to prevent the spread of COVID-19, local authorities said Wednesday.The men thought the gel would have the same effects as an alcoholic drink, state authorities said. A fourth man is reported to be in a serious condition.”Three of the four inmates lost their lives due to intoxication and the survivor told prison authorities what happened,” a statement from Puebla state’s security department said. Topics :last_img read more

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