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Tag: Paycheck Protection Program

The Paycheck Protection Program: Forgiveness May Come at a Lofty Price. Or Not at All.

Posted on January 4, 2021January 4, 2021 by Sarah Fallon

The Paycheck Protection Program (“PPP”) fell short in keeping small businesses afloat during the pandemic.1 Congress made it a central provision to the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act in a move to emphasize both the vulnerability and the importance of small business. Congress had a plan: provide small businesses with a source…

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