What Does the PPP Loan Standard of Necessity Mean for My Business?
In this webinar, V&E attorneys Caroline Blitzer Phillips, Adrianne Goins, Brittany Sakowitz and Daniel Graham discuss the Coronavirus Aid, Relief and Economic Security Act (“the CARES Act”), the Paycheck Protection Program (“PPP”) established as a result, the various requirements of PPP applicants, and the adjustments to the program made in the days and weeks following. This webinar will help attorneys understand the rules governing eligibility for PPP loans before the safe harbor ends on May 14, 2020.
For further information about the extended deadline due to expire on May 14, please see Safe Harbor for Paycheck Protection Program Loans Extended until May 14.
This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.