Small Businesses Get Easier Path to Relief-Loan Forgiveness

Prominent New York Times finance reporter, Stacy Cowley, cites Weaver’s Forensics and Litigation Director, Sonia Desai, in coverage of small business’ path to relief-loan forgiveness.

• Congress appeared to relax that requirement this month with a new law that loosened many terms of the Paycheck Protection Program, a $660 billion relief effort intended to help struggling small companies retain or rehire their workers.
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• The specifics about what qualifies a business as “unable to operate” at its previous level remain unclear, said Sonia Desai, a director at Weaver, a tax accounting firm. “That’s really vague,” she said. “I hope there will be additional guidance.”

To read the full New York Times article, click here. 

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