Skip to content

Back to Our Blog

8/20 Webisode: Borrower Beware: Defending PPP Loans from After-the-Fact Gov’t Scrutiny

Blog Categories

Josh Veronica

August 20, 2020

If you have any questions regarding PPP loans, the Business Link is designed to help you. We will connect you with experts and get you timely answers so you and your organization can continue to succeed.
Submit your PPP questions HERE. (This program is being revamped.)

The Paycheck Protection Program (PPP) was a lifeline to many companies faced with the existential threat of an unknown pandemic.  But the prospect of “free money” by loan forgiveness comes with ever-evolving strings – including the possibility of an audit and scrutiny by federal agencies with the jurisdiction and political will to investigate borrowers’ eligibility and use of funds.

Hodgson Russ attorneys discuss PPP risks and strategies you can implement now to prepare to protect yourself or your company against the inevitable scrutiny, litigation, and potential criminal investigations that some borrowers may soon face.

View the Presentation Here
Watch the Presentation Below

Thank you to our presenters for their expertise:

 

*****

The Buffalo Niagara Partnership is committed to providing employers with the latest information and resources to help you deal with COVID-19 and its impact on our community, state, and nation. Visit our Events Page and Resource Page, as they are updated regularly to provide you with the most current information.

Do you have specific questions related to running your business or your business unit? Visit the BNP Business Link, a question and answer forum for, and by, the Buffalo Niagara business community. Submit your questions and get expert answers on just about any topic from legal, IT, HR, NYS regulations, sales, marketing, communications, and more. It is quick, confidential, powerful, and convenient. The BNP Business Link can help you today.

Related Posts

Webisode: COVID-19 Federal Stimulus Details & The Business Impact

By jveronica@thepartnership.org | March 30, 2020

President Trump and Congress have passed a massive $2 trillion stimulus package in the wake of the COVID-19 pandemic that is devastating large segments of the United States economy.

The Partnership organized a webisode with the U.S. Chamber of Commerce to breakdown the stimulus package and help employers better understand what’s included to help your business, your employees, and the Buffalo Niagara economy recover in the long run.

Webisode: New Paid Leave Policies for COVID-19: Clarity for Employers

By jveronica@thepartnership.org | March 25, 2020

The federal and state governments have passed sweeping paid leave policies for workers impacted by COVID-19, aka the corona virus. In response, the Partnership organized a webisode for local employers on 3/25/20 to provide clarity around these new mandates and to help them prepare to take the necessary steps to protect themselves and their employees. Some questions that were answered included:

Webisode – COVID-19 Latest Updates for Employers from Phillips Lytle 3.20.20

By jveronica@thepartnership.org | March 22, 2020

The Partnership organized a ZOOM call for our Manufacturing Council members with Phillips Lytle LLP on Friday, 3/20. Craig Bucki, discussed the legal implications of the New York State Executive Order on COVID-19 workforce reduction.