Alert: Bantering with ByrdAdatto (Episode 46 – Updates on PPP Loan Forgiveness and Economic Injury Disaster Loan Emergency Advance – Loan Documents)
In this episode, ByrdAdatto discusses updates to PPP loan forgiveness application, released on May 15 by the SBA and Treasury Department. Additionally, they will discuss the Economic Injury Disaster Loan Emergency program loan documents. Attorneys Brad Adatto and Michael Byrd speak to the importance of submitting correct information to the SBA when requesting forgiveness. They also review key highlights of the Economic Injury Disaster Loan Emergency Advance as this loan must be repaid. Understanding the stipulations, binding terms, and what is required of the borrower prior to accepting these loans is crucial as businesses begin to reopen and need financial assistance due to the COVID-19 pandemic.
At ByrdAdatto we are working hard to ensure our clients are well equipped and ready for what is to come. Should you have questions about whether your business or health care practice is prepared for COVID-19, reach out to firstname.lastname@example.org or call 214-291-3200.