SBA Releases New Guidance on the Topic of FAQ31 with FAQ46

The SBA released new guidance today on the topic of FAQ31 with FAQ46 (captured below in full). The guidance comes just one day before the 5/14/2020 deadline for PPP borrowers to return loan proceeds in full if they are concerned over the FAQ31 attestation language expansion. This guidance has been anxiously awaited by all borrowers, … Continue reading SBA Releases New Guidance on the Topic of FAQ31 with FAQ46