Potential Legal and Regulatory Risks Regarding Small Business Eligibility for Paycheck Protection Program (“PPP”) Loans
President Trump signed the Paycheck Protection Program and Health Care Enhancement Act (“Enhancement Act”) on Friday, April 24th. This legislation infuses $310 billion into the Paycheck Protection Program (“PPP”) with more than $250 billion in unrestricted funds for the program and an additional $60 billion allocated specifically for smaller lending institutions. Given the additional funding … Read more
