After AGC Takes SBA to Court, Agency Issues New Guidance on “Loan Necessity Questionnaire” and Officially Releases “Secret” Form

On Dec. 8, AGC filed suit against the Small Business Administration (SBA), seeking to compel the agency to restrict its use of the “Loan Necessity Questionnaire” now going out to all companies seeking forgiveness of Paycheck Protection Program (PPP) loans over $2 million – and ultimately, to compel SBA to revise the...