Government Contractor Concerns With PPP Loan Forgiveness

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Taft Law – Government contractors have a unique set of concerns when it comes to the novel Paycheck Protection Program passed into law as part of the Coronavirus Aid, Relief, and Economic Security Act and supplemental Interim Final Rule guidance last month. While many government contractors are small businesses, and thus eligible for the program, the loan forgiveness component of PPP, making it so attractive, may have unintended consequences.

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