SBA releases Paycheck Protection details-
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  1. #1
    Senior Member Reputation points: 83840
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    False Claims Act Liability - another issue facing banks.

    https://www.manatt.com/Insights/News...rs-Participati
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  2. #2
    Senior Member Reputation points: 338265
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    Quote Originally Posted by Yankeeman07 View Post
    False Claims Act Liability - another issue facing banks.

    https://www.manatt.com/Insights/News...rs-Participati
    There is a HUGE liability for banks taking on PPP for non-bank customers. Know your customers rules apply.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

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