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Financial Services Observer

News & Commentary on Financial Regulatory and Compliance Matters

Good Faith Necessity Certification

SBA Issues FAQ Guidance on PPP Good Faith Necessity Certification

By Trevor J. Chaplick, Jennifer S. Zucker, Peter H. Lieberman, Lee Ann Anderson, Barbara A. Jones & Greenberg Traurig on May 13, 2020

Posted in coronavirus, GT Alert

This morning the SBA issued an important new FAQ 46 on how it intends to review the good faith necessity certification required for PPP loans. The safe harbor for return…
Continue Reading SBA Issues FAQ Guidance on PPP Good Faith Necessity Certification

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Greenberg Traurig’s Financial Regulatory and Compliance Group brings together attorneys from various offices and practice areas to assist financial services firms of all types and sizes, as well as vendors to those firms, as they face regulatory, legislative, supervision, examination, licensing, compliance, and governance matters

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