Payroll Protection Program (“PPP”) Audit

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On April 28, 2020, Treasury Secretary Steven Mnuchin stated that all PPP loans in excess of $2 million would be audited by U.S. Small Business Administration (SBA) prior to being forgiven.

This review aims to affirm qualified businesses to receive the appropriate amount of funds as entailed by the written guidelines.  If you received a PPP loan, the SBA might contact you about an audit.  If you find yourself in a precarious situation involving a PPP audit, we have experience and can help you.

Call Woody Thompson at 602.510.9999.

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