After a quick start to the Paycheck Protection Program (PPP), with the construction industry getting the most loans in the first round of the PPP, many contractors are now uncertain about the program. Some are even considering returning their PPP loans due to changes in rules and unclear guidance.
In a recent Construction Dive article, attorneys, including NASBP Attorney Advisory Council participant David Robbins, offer insight into contractors’ uncertainties, as well as some suggestions to help mitigate risks if they do move forward with their PPP loans. Read more at Construction Dive: https://www.constructiondive.com/news/what-contractors-need-to-know-about-the-paycheck-protection-program/577631/
David Robbins will be presenting on False Claims Act liability implications for surety professionals at NASBP’s Virtual Event: Bonding with Bandwidth. This free event for NASBP Members, Affiliates, and Associates will be held on Wednesday, May 20 from 1 p.m. to 4 p.m. Eastern. Don’t miss this timely and important discussion, plus much more: Register now!
If you are looking for deeper dive into this topic, Robbins was recently a guest on NASBP Podcast "Let's Get Surety" episode "Stimulus Law Paycheck Protection Program and False Claims Act Risk" and he also presented a NASBP Virtual Seminar "False Claims Act and Enforcement Risks of the Paycheck Protection Program".