Treasury Department Issues Final Interim Guidance for the PPP Program

04/03/20 - Last night, the Treasury Department issued the Interim Final Rule (Interim Guidance) containing clarifying and additional guidance related to sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act), as well as a final Borrower Application Form for the Paycheck Protection Program (PPP) loan. This guidance and application form provide significant clarification on several matters contained in the CARES Act legislation.