Feds pursue fraud claims against PPP recipients
From: Tennessee Employment Law Letter | 09/01/2021
by Mark F. Sommer and Elizabeth D. Mosley, Frost Brown Todd LLC
by Mark F. Sommer and Elizabeth D. Mosley, Frost Brown Todd LLC
To help struggling businesses needing immediate access to cash during the COVID-19 pandemic, Congress introduced the Paycheck Protection Program (PPP) as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020. Some companies, however, didn't use the PPP loan funds as Congress intended. Read More...