EIDL, PPP borrowers: Hold on to records

by Billy Tarpley on June 21, 2022

Reprinted 6/21/22 edition of ADA Morning Huddle:

Businesses that borrowed from the Economic Injury Disaster Loan program or Paycheck Protection Program would be wise to retain relevant records in light of pending legislation that would extend to 10 years the statute of limitations on fraudulent loans, according to Inc. Important documents include invoices, receipts, payroll and expense records that show how funds were used, MultiFunding President Lynn Ozer says.Full Story: Inc. (tiered subscription model) (6/15) 

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