Five Things to Know About PPP Loan Audits

The Paycheck Protection Program was one of the more innovative and written-about of the CARES Act’s fiscal stimulus packages. The U.S. Treasury and Small Business Administration (SBA) leveraged the private banking sector to deliver capital infusions to thousands of businesses and independent contractors. As PPP winds down (for good?) on June 1st, and businesses apply for forgiveness, what can you expect from a SBA audit? Here are five things to understand....
By: Bowditch & Dewey

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