Paycheck Protection Program – Borrower Appeals of Final SBA Loan Review Decisions
By EsqSocial Corporation 24/09/21
On September 16, 2021, the U.S. Small Business Administration (“SBA”) issued an Interim Final Rule (the “Borrower Appeal Rule”) detailing the (largely technical) procedures for a Paycheck Protection Program (“PPP”) borrower to appeal certain final PPP loan review decisions to the SBA’s Officer of Hearings and Appeals (the “OHA”).[i] The below summarizes the process for…...
By: Proskauer Rose LLP