The Small Business Administration (the “SBA”) recently published the “Paycheck Protection Program Loan Forgiveness Application” (the “Application”), as well as instructions associated with the Application (the “Instructions”). Taken together, the Application and the Instructions provide important guidance which borrowers who have received a PPP Loan should be aware of in order to obtain the loan forgiveness provided by the Paycheck Protection Program.
The attorneys at Rosenn Jenkins & Greenwald are regularly monitoring the PPP Loan guidance and regulations issued by the SBA and the U.S. Department of Treasury in order to assist clients in administering their PPP Loans and obtaining available loan forgiveness. Please contact Jim Valentine (jvalentine@rjglaw.com) or Kieran Casey (kcasey@rjglaw.com) if you have questions or require any assistance related to a PPP Loan.