When Preparing PPP Loan Forgiveness Applications, Follow Available Guidance from the SBA

As recipients of Paycheck Protection Program loans (“PPP Loans”) proceed to prepare their PPP Loan Forgiveness Applications, close attention should be paid to the instructions for the Application that were recently published by the Small Business Administration (“SBA”) and the other available guidance from the SBA. In order to maximize the portion of the PPP Loans that may be forgiven, a PPP Loan recipient should carefully analyze such instructions/guidance and prepare their PPP Loan Forgiveness Application in strict accordance therewith.

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 in preparing a PPP Loan Forgiveness Application or otherwise administering a PPP Loan.