Examples of PPP Loan in a sentence
All amounts of the PPP Loan have been provided full forgiveness by the PPP Lender and the SBA.
In determining to apply for the PPP Loan, the Company examined and reasonably determined that securing other sources of liquidity would have been substantially detrimental to the Company.
The original principal amount of the PPP Loan was accurately calculated in accordance with the Paycheck Protection Program, including the determination of the Company's employee count and payroll costs, and there is no basis for the SBA, the PPP Lender or any other Person to contest that the original principal amount of any PPP Loan was in excess of the amount permitted under the Paycheck Protection Program.
The Company used the proceeds of the PPP Loan strictly in accordance with the Paycheck Protection Program and, to the to the Seller's Knowledge.
The Company submitted, or otherwise provided, only truthful and accurate information, including truthful certifications, in its application for the PPP Loan.