Pittsburgh Banks Forge Ahead as SBA's Last-Minute Payment Protection Program Guidance Leaves Little Time for Preparation - Pittsburgh Business Journal

Erin McLaughlin, shareholder in the firm's Labor & Employment section, echoes banks' concerns about the practicality of handling the Small Business Administration's Payment Protection Program without any time for preparation in Pittsburgh Business Journal's article "Pittsburgh Banks Forge Ahead as SBA's Last-Minute Payment Protection Program Guidance Leaves Little Time for Preparation."

Erin McLaughlin, a shareholder in the Labor & Employment section of law firm Buchanan Ingersoll & Rooney PC, said on Thursday that the guidance from the SBA on the administration and requirements of PPP was "the most pressing" part of the CARES Act guidance clients were waiting for. "And whether changes will be made such that business concerns affiliated with private equity and venture capital funds will be eligible," she said.