Many companies were eager to apply for, and receive, PPP loans during the uncertainty surrounding COVID-19 in early 2020. But as the pandemic burned on, the Small Business Administration began implementing new rules and guidance for PPP loans and subsequent forgiveness. Now that companies are seeking forgiveness of those loans, the SBA is trying to enforce strict requirements for forgiveness, leaving companies in a difficult position not foreseen at the beginning of the pandemic. Join WBK attorneys for an overview of program requirements, and a discussion of how companies can assert their rights in such proceedings.
Presenters: Mitch Kider, Tim Ofak, Ken Markison, Jeff Blackwood
Date recorded: January 11, 2022
This recording is for general information purposes only and is not in any way intended, nor shall it be construed, as legal advice, legal opinion or any other advice on any specific facts or circumstances. No person or entity (“Person”) should act or refrain from acting upon this information without seeking professional advice. No Person may rely on this information or its applicability to any specific circumstances. The information in this recording is in no instance to be taken as an indication of completeness, applicability to a particular situation, or an indication of future developments or results.
