Burr & Forman

11.16.2020   |   Blog Articles, CARES Act/PPP, Federal Tax, Tax Law Insights

SBA Gets More Time to Release PPP Borrower Information

A United States District Judge in Washington ordered the SBA to release the names and other information of all Paycheck Protection Loan borrowers.  In WP Company LLC d/b/a The Washington Post, et al., v. U.S. Small Business Administration, Civil Action No. 20-1240 (JEB) and a related case, Center for Public Integrity v. U.S. Small Business Administration, Civil Action No. 20-1614 (JEB), United States District Judge James E. Boesberg issued a November 5, 2020 order requiring the SBA to release the names and other information for all PPP loan borrowers by November 19, 2020.

The SBA has now sought a stay of the court’s order, and which has been granted.  The Court has temporarily stayed its order and given the plaintiffs in the case until November 27, 2020,  to respond to SBA’s request.

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Burr & Forman has a dedicated team to counsel individuals and businesses in government audits, investigations and defense-related to the Paycheck Protection Program (PPP) and Coronavirus Aid, Relief and Economic Security (CARES) Act. The PPP and CARES Act Audit, Investigations and Defense Team represents and advises clients in audits and investigations involving PPP loans and tax benefits that may have been claimed under the CARES Act.  This multidisciplinary team combines more than 230 years of legal experience and attorneys with previous government positions, including attorneys with IRS Chief Counsel, the United States Department of Justice, and United States Attorneys’ Offices.  More information can be found at www.burr.com.

 


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