EP 237: What agencies don't know about the PPP loan program with Stephen Katz

Build a Better Agency Podcast · Apr 20, 2020 · 1m

Agency owners are scrambling to take advantage of the CARES Act, and in particular the Paycheck Protection Program (PPP) loans but there's a lot we don't know because there's a lot that is not set in stone. There is a total lack of clarity around this how the PPP works – from application all the way through repayment and potential forgiveness. The 800-page act says one thing and the SBA says another. As I describe it in my conversation with guest Stephen Katz, we are repairing the plane while we're flying it. Stephen is the chair of the business practice of Peckar & Abramson, a law firm in…