{"id":584,"date":"2020-05-13T16:49:27","date_gmt":"2020-05-13T20:49:27","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/coronaviruscovid19\/?p=584"},"modified":"2020-08-31T16:10:50","modified_gmt":"2020-08-31T20:10:50","slug":"sba-further-clarifies-economic-necessity-certification-and-audit-procedures-for-paycheck-protection-program-loans","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/2020\/05\/13\/sba-further-clarifies-economic-necessity-certification-and-audit-procedures-for-paycheck-protection-program-loans\/","title":{"rendered":"SBA Further Clarifies Economic Necessity Certification and Audit Procedures for Paycheck Protection Program Loans"},"content":{"rendered":"<p>On May 13, 2020, the Treasury Department and Small Business Administration (SBA) released Question 46 of the\u00a0<a title=\"Paycheck Protection Program Loans FAQs\" href=\"https:\/\/home.treasury.gov\/system\/files\/136\/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">FAQ sheet<\/a>, which addresses how the SBA will review the need certification required for Paycheck Protection Program (PPP) loans.<\/p>\n<p>To read the full text of this Duane Morris <em>Alert<\/em>, please <a href=\"https:\/\/www.duanemorris.com\/alerts\/sba_further_clarifies_economic_necessity_certification_audit_procedures_ppp_loans_0520.html\" target=\"_blank\" rel=\"noopener noreferrer\">visit the firm website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 13, 2020, the Treasury Department and Small Business Administration (SBA) released Question 46 of the\u00a0FAQ sheet, which addresses how the SBA will review the need certification required for Paycheck Protection Program (PPP) loans. To read the full text of this Duane Morris Alert, please visit the firm website.<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[264,379,408,263,945,262],"ppma_author":[1043],"class_list":["post-584","post","type-post","status-publish","format-standard","hentry","category-general","tag-loans","tag-paycheck-protection-program","tag-ppp","tag-sba","tag-small-business","tag-u-s-small-business-administration"],"authors":[{"term_id":1043,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts\/584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/comments?post=584"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts\/584\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/media?parent=584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/categories?post=584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/tags?post=584"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/ppma_author?post=584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}