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The Questioning Begins: Potential Liability Under the Paycheck Protection Program [CC]
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The Questioning Begins: Potential Liability Under the Paycheck Protection Program [CC]
The Paycheck Protection Program (PPP) was enacted on March 27, 2020 as part of the CARES Act. It is a small business lending program under the Small Business Administration’s Section 7(a) authority that provides for government-guaranteed loans to be made through a private lender, and was designed to provide a direct incentive for small businesses to keep their workers on the payroll. Further, the SBA will forgive the loans made under the program if employees are kept on the payroll for a certain period of time and the money is used for payroll, rent, mortgage interest, or utilities.
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Closed Captioned
Product Details
Panelists
Daniel Peter Stipano, James Petkun, Jonice Gray Tucker, Richard Rosenfeld
Sponsors
Product Code
CL20CAC14OLC
Duration
60
Publication Date
7/6/2020 12:00:00 AM
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