In The Press April 10, 2020

How To Avoid Going To Prison For Your Paycheck Protection Program Loan: Advice From Former Federal Prosecutors (Forbes)

Summary

The passage of the CARES Act has made available $349 billion in potentially forgivable loans to small businesses (500 employees or fewer) via the Paycheck Protection Program (PPP). Naturally, many companies are applying for PPP loans to mitigate the impacts of the COVID-19 pandemic. Goodwin partners in the firm’s White Collar Defense practice Dave Callaway, Derek Cohen, and Grant Fondo share advice as former federal prosecutors on avoiding potentially serious legal problems related to the PPP. Read the article in Forbes here.