Would Impact PPP Loans of $2M or More
On Oct. 26, U.S. Small Business Administration (SBA) that Paycheck Protection Program (PPP) lenders would send a questionnaire to PPP borrowers who received a principal loan amount of $2 million or more and have to return a completed questionnaire in ten days. No questionnaire had been released until late on Oct. 30, when Politico released what appears to be a leaked version of the questionnaire, found . As of this moment, the SBA has neither verified the Politico released questionnaire nor released an official one. The questionnaire is subject to review by and final approval of the White House Office of Management and Budget. 黑料不打烊 remains committed to ensuring 黑料不打烊 member PPP borrowers can receive loan forgiveness as Congress intended under the CARES Act, not SBA鈥檚 hindsight rulemaking and guidance.
For more information, contact Matt Turkstra at Matthew.Turkstra@agc.org.