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Home » New Guidance on PPP Loan Necessity Questionnaire
Advocacy

New Guidance on PPP Loan Necessity Questionnaire

Issued After Weeks of AGC Engagement with SBA/Treasury
December 10, 2020Updated:November 19, 2024No Comments3 Mins Read
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On December 9, the Small Business Administration (SBA) and Treasury Department issued new guidance on the “Loan Necessity Questionnaire” that SBA is requiring borrowers with loans of $2 million or more to complete as they apply for loan forgiveness. The new guidance does not expressly disavow any intention to use this controversial...

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