United States:
COVID-19: Treasury Extends Safe Harbor For The Return Of PPP Dollars To May 18, 2020
26 May 2020
Duane Morris LLP
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By update to their Frequently Asked Questions, on May 14, 2020,
the US Treasury added a new question 47, which extended the
“safe harbor” repayment date for PPP loans from May 14
until May 18, 2020.
For the entire set of FAQs – see
https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf
Duane Morris has created a COVID-19 Strategy Team to help
organizations plan, respond to and address this fast-moving
situation.
Be well and stay safe!
Originally published May 5, 2020
Disclaimer: This Alert has been
prepared and published for informational purposes only and is not
offered, nor should be construed, as legal advice. For more
information, please see the firm's
full disclaimer.
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