The Anticipated SBA Evaluation of PPP Borrower’s Economic Necessity Certification

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Crowell & Moring – From the inception of the Paycheck Protection Program (PPP), borrowers questioned the meaning of the economic necessity certification that the Small Business Administration (SBA) required borrowers to make in the PPP loan application. While the SBA provided some definition to this certification in such Frequently Asked Questions as FAQs 31, 37, […]
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