In 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act established the Paycheck Protection Program (PPP). Under the PPP, eligible businesses could receive loans for support through unprecedented times. Loan forgiveness was all but promised by not only lenders processing the loans, but the Small Business Administration (SBA) which was tasked with implementing the program. With SBA planning to claw-back PPP loans for years to come, borrowers should be aware of how to protect their rights when appealing a final loan review decision. In the article “Forgiveness Denied Protecting Your Rights During the PPP Loan Appeal Process,” PilieroMazza’s Isaias “Cy” Alba, IV, and Daniel Figuenick, III–members of the Firm’s Government Contracts Group–offer their analysis. Visit this link for the full article which was published on January 26, 2024, in Thomson Reuters’ Expert Analysis.
Forgiveness Denied: Protecting Your Rights During the PPP Loan Appeal Process
