Banks: Your Customer Was Just Notified Their PPP Loan is Being Audited By the SBA – What Do You Do?

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You are making your best efforts to familiarize yourself with all of the Paycheck Protection Program requirements. But, the constantly changing guidance issued by the SBA and new legislation like the Paycheck Protection Program Flexibility Act (PPPFA) is making it difficult to keep up.

How can FMJ’s PPP Loan Application and Audit Team be a value-add for your institution?

While we can assist with implementing procedures for your institution’s PPP lending, we know you likely have internal resources to handle the administration of the PPP loans. But, what if your customer is asking a question and your response may constitute legal advice?

This is where FMJ’s PPP Loan Application and Audit Team adds value. We can help alleviate the burden of answering these frequent and complicated customer questions.

As attorneys, we can professionally and ethically answer your customers’ questions at every stage of the PPP loan including assistance with forgiveness applications and audits. Each customer’s needs are unique and specific, and FMJ can be a full-service solution for your customers’ PPP loans, and other financing, business, or employment needs.

The team is led by Jim Seifert, former General Counsel of Ecolab, and includes team members from all different practice groups. The team includes: Bob Fafinski (CEO and General Corporate & Business Attorney), Nate Haynor (Associate and Tax Attorney), and Natolie Hochhausen (Associate and HR & Employment attorney).

If you’re interested in learning more about the team, click here or contact Jim Seifert at james.seifert@fmjlaw.com, or Bob Fafinski at robert.fafinski@fmjlaw.com.

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Robert R. Fafinski, Jr.
James J. Seifert