Recent Comments by US Treasury Secretary Mnuchin Should Give PPP Applicants Pause

In statements made yesterday on “Squawk Box” on CNBC, Secretary Mnuchin said:

“I’m going to be putting out an announcement later this morning that for any loan over $2 million, the Small Business Administration will be doing a full review of that loan before there is loan forgiveness.”

Continue reading on Mayer Brown’s Covid-19 Response Blog.

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