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WEBINAR: Critical New Guidance on PPP Borrower Certification Requirements; May 7 Deadline to Repay if Ineligible

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NOTE: You must pre-register to attend this webinar. Click here or visit the link below.

Join Hinckley Allen as we discuss what borrowers and applicants of loans under the Paycheck Protection Program (“PPP”) need to consider in light of the Small Business Administration’s recently issued guidance regarding the “necessity of the loan” certification required for PPP eligibility, including the brief window to return PPP loan proceeds by May 7 in the event that certification cannot be made in good faith taking into consideration the new guidance.

Topics Include:

  • PPP Applicant certification regarding necessity of the loan, as provided under the CARES Act (the “Necessity of the Loan Certification”)
  • Recently issued SBA Frequently Asked Question #31 and associated Interim Rule related to the “Necessity of the Loan Certification”
  • Newly issued guidance regarding review of loans in connection with submission for forgiveness
  • Considerations for PPP Borrowers and Applicants, including examination of and documentation related to the “Necessity of the Loan”

Register Here

CLE credit will be made available.