The Paycheck Protection Program (PPP), which is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides aid to qualifying small businesses in the form of loans with terms favorable to borrowers, including, in particular, provisions that allow potentially the entire loan amount to be forgiven if the proceeds are spent on payroll and other qualifying expenses. This infographic provides an overview of the issues borrowers must analyze, and documents to gather, when preparing their loan forgiveness applications.
Damien is a partner in the firm’s Government Contracts & Public Procurement practice. He represents clients in all facets of government contracts transactions, as well as regulatory counseling, subcontract and teaming agreement negotiations, contract disputes, size protests, and bid protests. More ›
Ali Young is an associate in the Government Contracts practice in Morrison & Forester’s Washington, D.C. office. More ›