The SBA’s PPP: How to Prepare for a Potential Audit

Since the enactment of the CARES Act, the Small Business Administration and U.S. Department of the Treasury have continually updated the rules governing the Paycheck Protection Program (PPP) through formal rulemaking and less formal guidance. Join a team of Venable Financial Services and Corporate partners for a discussion around guidance for preparing for an audit (and potential investigation). Our discussion will include best practices for documenting decision making, what we can expect from the SBA going forward, and how best to manage an audit and address any potential investigation.