Odin, Feldman, & Pittleman, P.C.

Legal Experience At Your Side

(703) 215-2913 Request a Consultation

by

On April 15, the Small Business Administration issued an interim final rule to the Paycheck Protection Program (PPP), a provision under the CARES Act designed to provide economic relief to small businesses that are struggling during the COVID-19 pandemic.

The SBA invites the public to submit comments regarding the interim final rule, which applies to PPP applications submitted by June 30, 2020, by May 15. Although the rule already is in effect, the SBA may use submitted comments to identify issues or make amendments as/if necessary.

Disclaimer: The information contained herein is provided for informational purposes only and should not be construed as legal advice on any subject matter. This information contained herein is not provided in the course of an attorney-client relationship and is not intended to constitute legal advice. Any information contained in this article is not intended to be a substitute for legal counsel. No one should act or refrain from acting on the basis of any content included in this article but should instead seek the appropriate legal advice on the particular facts and circumstances at issue from a properly licensed attorney. The author expressly disclaims all liability in respect to actions taken or not taken based on any of the contents of this article. This article contains general information and may not reflect current legal developments.