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Client Alerts | 05.14.20

SBA Issues Guidance on Borrower Certification for PPP Loans and Extends Loan Repayment Deadline

May 14, 2020 - The SBA has issued welcome new guidance regarding its future scrutiny and enforcement of PPP loan borrowers’ certification of business need, including a safe harbor for borrowers of PPP loans not exceeding $2 million. Our alert discusses this important guidance.

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