Please see below for all BMWL Alerts related to COVID-19: Legal and Regulatory Developments for Nonprofits

SBA Issues PPP Loan Forgiveness Application and Instructions (May 19, 2020)

SBA Further Extends “Safe Harbor” Date to May 18 for Returning PPP Loan Funds (May 14, 2020)

SBA Issues FAQ Guidance on Good-Faith Certifications (May 13, 2020)

New Treasury Department Rule Further Strengthens Religious Liberty Protections for PPP Loan Borrowers (May 6, 2020)

SBA Extends “Safe Harbor” Date for Returning PPP Loan Funds (May 6, 2020)

SBA, Treasury to Evaluate Borrowers’ Eligibility for PPP Loans Amidst Criticism of Large Companies Obtaining Funds (April 29, 2020)

Congress Adds $320 Billion to PPP Loan Fund (April 24, 2020)

IRS Postpones Filing and Payment Due Dates for Nonprofit Returns (April 16, 2020)

IRS Issues Guidance on Employer Payroll Tax Deferral (April 15, 2020)

Economic Injury Disaster Loans and Grants – Additional Funding Opportunity Available to Nonprofits (April 9, 2020)

Relief Payments by Employers to Employees in Connection with COVID-19 Pandemic May Qualify as a Nontaxable Benefit (April 8, 2020)

SBA PPP Loans – More New Guidance! (April 7, 2020)

New SBA Guidance on Paycheck Protection Program Helps Religious Organizations (April 6, 2020)

SBA Issues Guidance and New Application Form for Paycheck Protection Program Loans (April 3, 2020)

Effective Date Set as April 1, 2020 for Families First Coronavirus Response Act (March 26, 2020)

New Law Requires Employers to Pay Certain Benefits to Employees Affected by Coronavirus with the Federal Government Covering the Cost (March 25, 2020)

For more COVID-19 resources, see this webpage made available by GuideStone Financial Resources:
Resources for Churches and Ministries During COVID-19