PPP Loans Over $2 Million and the PPP Necessity Questionnaires - Update #3
By EsqSocial Corporation 25/06/21
Starting around October 26, 2020, the Small Business Administrations (the “SBA”) asked Paycheck Protection Program (“PPP”) lenders to provide certain questionnaires to PPP borrowers with loans of $2 million or greater. There are two questionnaire forms on the Treasury: Form 3509 for for-profit borrowers and Form 3510 for non-profit borrowers. On December 9, 2020, the…...
By: Schwabe, Williamson & Wyatt PC