Biden Administration Announces Streamlining of Paycheck Protection Program as Part of White House Covid Plan

Crowell & Moring – On September 9, 2021, President Biden announced a six-pronged plan to combat COVID-19. One prong of the plan is to protect the economy, an aspect of which is the streamlining of the existing Paycheck Protection Program (“PPP”) loan forgiveness process. Under the PPP, loans to small businesses can be forgiven if the […]
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