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Verrill 

May, 2020 - Portland, Maine

 

 

Ensuring Paycheck Protection Program Loan Forgiveness

 

On May 8, Forbes published an article, "Here's What You Can Do Now to Ensure Paycheck Protection Program Loan Forgiveness," discussing eligible businesses looking for the Paycheck Protection Program (PPP) funding that was made available with the Coronavirus Aid, Relief, and Economic Securities Act (CARES). Weeks after many companies applied for PPP funding, the SBA and Treasury issued new guidance on the certifications required under the Program, and then announced that many participants will be subject to special audit and review. Business law attorney Greg Fryer from Verrill was quoted in the article, on the subject of the upcoming audits and on timing issues for forgiveness benefits under the Program.

To read the full Forbes article, click here. To learn more about the PPP Loan Forgiveness Program, click here for Greg's authored alerts.


 

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