United States: SBA Announces Loan Necessity Questionnaire For PPP Borrowers Of $2M Or More - Godfrey & Kahn S.C.

Mondaq

10 Nov 2020 0 shares 1 views

Mondaq

Published 10 Nov 2020

The questionnaire will be sent by the lender to borrowers who, together with their affiliates, received PPP loans of $2 million or more.

United States: The Paycheck Protection Program: New SBA Questionnaires Require Borrowers Of $2 Million Or More To Provide Justification For Economic Necessity Of Loans - Akin Gump Strauss Hauer & Feld LLP

On October 26, 2020, the SBA announced its intent to require a Necessity Questionnaire for borrowers that received PPP loans of $2..

Mondaq 12 Nov 2020

Under the Paycheck Protection Program ("PPP"), borrowers who received a PPP loan in excess of $2 million, whether from a single..

Mondaq 06 Nov 2020