PPP

Finseca Policy Deep Dive 1.12.2021: Low Interest Rate Relief for Life Insurance, PPP and ERTC for Your Business and Clients

Topics: 7702, PPP, small Business

Contained in the year end package were provisions of particular relevance for Finseca members and their clients, especially small businesses. Low Interest Rate Relief for Clients and Carriers with Update to Section 7702 of the Tax Code Access to permanent life insurance is an essential tool in developing financial security for people. Robust product availability…

PPP Loans – To Keep or Not to Keep

Topics: Marketing, PPP

We have increasingly heard questions from members about required certifications for the PPP, what disclosures there will be about PPP participation, and as a result, whether members or clients should take advantage of the safe harbor to return PPP funds which closes on May 14. In order to qualify for a PPP loan, the applicant…

PPP Certification & Disclosure

Topics: PPP

In the last week, we have increasingly heard questions from members about required certifications for the PPP and as a related matter, what disclosures there will be about PPP participation. As Congress and the Administration moved quickly to inject capital into the hands of American small businesses, they waived a number of the traditional requirements…