Newly Released SBA Guidelines on Review of PPP Good-Faith Certifications
May 13, 2020 by Sheila Denny-Andrews
Today the SBA released guidance regarding borrowers good-faith certification for PPP loan proceeds. Please review the attached FAQ #46 for the official SBA guidance, including a $2 million safe harbor provision. If you have any questions, please contact your representative at Copeland Buhl. The deadline to return funds is Thursday, May 14th.
Paycheck-Protection-Program-Frequently-Asked-Questions_05 13 20.