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Josh French Quoted on the Paycheck Protection Program in The Wall Street Journal
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Josh French, a partner in Nutter’s Corporate and Transactions Department, commented on the Paycheck Protection Program (PPP) in The Wall Street Journal. In the article, “Delivery Firm Got PPP Loan Even as Demand Rose During the Pandemic,” Josh pointed out that legislation simply requires PPP borrowers to certify that “the uncertainty of current economic conditions makes necessary the loan request to support the ongoing operations of the eligible recipient.” Josh said, “My immediate first reaction when the statute first came out was, ‘You can drive a truck through that.’”