Jeffrey Paravano Comments on Potential Backlash Over PPP Lending

News / June 22, 2020

Partner Jeffrey Paravano is quoted in an article published on June 18, 2020, by S&P Global Market Intelligence. The article, “Murky PPP Guidance Has Some Participants Facing Troubled Waters,” reports on the potential that some banks may face penalties for alleged practices undertaken while navigating the Paycheck Protection Program.

Paravano told the publication that the initial guidance may not have specifically barred large banks from offering loans to their large clients, but with over $600 billion allocated to the program by Congress, borrowers of all sizes should have access to funds.

Read the article.

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