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SBA Begins Issuing Loan Necessity Questionnaires to Certain PPP Borrowers

Last week, the Small Business Administration (SBA) began asking SBA Paycheck Protection Program (PPP) lenders to issue over 50,000 loan necessity questionnaires to borrowers that received $2 million or more in funds from the...more

Turning Loans into Lemonade: A Tough Squeeze

On May 15, 2020, the Small Business Administration (SBA) released much-anticipated guidance for the Paycheck Protection Program (PPP) loan forgiveness provisions. Until May 15, many borrowers were relying solely on the...more

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