AGC Continues to Press for Timely Forgiveness of PPP Loans
Post date
May 14, 2021
Body
On May 10, AGC filed a Freedom of Information Act request in response to SBA’s delayed decision-making process of the Paycheck Protection Program (PPP) loans as AGC members report they have already waited many months for SBA to act on forgiveness applications for loans over $2 million. SBA continues to hide the difference in the time it requires to process applications for the forgiveness of loans over and under $2M.