(Recorded Webinar) Protect Against a Future PPP Loan Investigation

Duration: 75 minutes
Webinar recorded on: 5/5/2020

The Small Business Administration (SBA) has received a total of $670 billion for its Paycheck Protection Program (PPP) and this money has flown out the door to small businesses in need.   Businesses receiving PPP loans, however, are required to make a number of certifications regarding the necessity for the loan, eligibility of the business, amount of the loan requested, and use of the loan proceeds.  Recent guidance from the SBA reminded borrowers to “review carefully the required certification that ‘[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.’”  With this guidance, the SBA has given ineligible borrowers that received funding until May 7 to repay the loan. 

In this Webinar, a former Department of Justice (DOJ) attorney who worked on SBA loan fraud cases will discuss how the DOJ, and whistleblowers (a.k.a. relators) under the False Claims Act, will scrutinize these loans during an investigation.  Businesses can and should take steps now to ensure that their certifications are/were made in good faith and that sufficient documentation is created to support this good faith in order to defend against a later audit or investigation. 

Target Audience

  • CEOs/Program Directors
  • In-house legal counsel
  • CFOs and Fiscal Staff
  • Compliance Officers and Staff
  • Outside counsel

Learning Objectives

After this Webinar, you will be better able to:

  • Understand the questions that the government will ask in an audit/investigation
  • Understand how to assess compliance now and create necessary documentation in the event of a later audit/investigation
  • Understand civil and criminal risks in connection with false certifications
  • Understand specific risk areas in connection with receipt of PPP funding
Course summary
Available credit: 
  • 1.25 Certificate of Attendance
Course opens: 
05/06/2020
Course expires: 
01/01/2022
Cost:
$150.00

MICHAEL GLOMB

A partner with the firm, Michael practices in the Federal Grants and Health Law groups, and has over three decades of experience advising community-based organizations on a broad range of legal matters. Specifically, he offers guidance to Federally Qualified Health Centers, other federal grantees, and several professional and trade associations on the 340B drug discount program, tax exemption, grants law, and fraud matters. [Full Bio]

DEREK ADAMS

As of May 2020, Derek is no longer with the firm.

Derek Adams is a former Trial Attorney with the Department of Justice and a partner in the firm’s Litigation and Government Investigations Practice group.  Mr. Adams serves as practice lead of the firm’s False Claims Act defense practice, representing universities, health care organizations, and others facing False Claims Act investigations and litigation.

Certificates of Attendance: We verify attendance upon completion of a webinar (live or recorded version) and will only issue certificates in the name of the account holder enrolled in the course. If you need to document attendance for someone other than the account holder, we provide blank Certificates of Attendance for a supervisor to sign and certify that a different individual viewed the course. 

Group Attendance: Due to the online nature of webinars, we cannot verify participation by more than one person. For groups, we provide an attendance record form and blank Certificates of Attendance to record attendance at a group viewing session and document each individual's participation. We recommend that a supervisor or colleague sign the certificate to certify attendance. 

Read more about maintaining an attendance record in our FAQs.

Available Credit

  • 1.25 Certificate of Attendance

Price

Cost:
$150.00
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ACCESS PERIOD

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CANCELLATION POLICY

No refunds will be provided for recorded webinars. FTLF can transfer a registration to someone else within your organization or, provided you have not already viewed the webinar, transfer the registration to another on-demand program. Where the registration fee for the new webinar is higher, you must also pay the difference between the original course and the new course registration fee at the time of transfer. Administrative fees may also apply. If your organization purchased a webinar under the account of a staff member who no longer works for your organization, please Contact Us. View our full policy on refunds and cancellations here.

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