PPP Loans – Government Announces Planned Audits of Certain Borrowers Carefully Review and Document Your Good Faith Certification

It has been widely publicized that many small businesses did not receive funding in PPP “Round 1”. Coinciding with the timing of approval by Congress of “Round 2” on Thursday 4/23/2020, the SBA issued FAQ 31 to its¬†FAQ document. This is on the heels of well-publicized reports of public companies receiving, and eventually returning, large … Continue reading PPP Loans – Government Announces Planned Audits of Certain Borrowers Carefully Review and Document Your Good Faith Certification