Reinforcing Compliance for the Paycheck Protection Program: What Recent Public and Political Developments Mean for Loan Recipients
Rosenberg Martin Greenberg – Recently implemented rules, public statements of government officials, and the return of funds by some should not compel most businesses to change course; however, recipients of funds from the Paycheck Protection Program should collect and retain documentation to support certifications made with their loan applications, including both quantitative criteria and the necessity of the loan to maintain ongoing business operations in light of uncertainties caused by COVID-19.
