David A. Lawrence, Quoted

David A. Lawrence, a shareholder of the Firm, was recently quoted in an article for Forbes, “Paycheck Protection Program News: SBA Provides Good-Faith Certification Safe Harbor To Support Loans.” The article focuses on guidance FAQ #46 from the Small Business Administration (SBA), “How will SBA review borrowers’ required good-faith certification concerning the necessity of their loan request.” Mr. Lawrence stated that he interprets the SBA position as “substantially softening” the good faith certification needed for PPP loans. “This is great news for smaller borrowers that had concerns about the SBA’s prior (ominous) guidance regarding the need for the loan.” Mr. Lawrence has issued a series of “Critical Notices to Employers” addressing the PPP, the Governor’s Executive Orders and other COVID-19 issues, all which are available on the Firm’s website under “COVID 19 Resources”. Mr. Lawrence focuses his practice in the areas of litigation and dispute resolution, employment and labor and business and corporate.