Edward Hild, Principal the the firm's Government Relations practice, comments on the Small Business Administration's rollout of the Paycheck Protection Program and how it will impact small businesses.
Ed Hild, a principal with Buchanan, Ingersoll & Rooney PC's government relations practice, said he expects the program to be extremely popular, given the sheer number of small businesses in need of help. That could also prove taxing for the SBA itself.
"It will be interesting to see how many applications go in the first day, or the first couple of days, and how quickly the SBA can process these applications," Hild said.
Read more in Washington Business Journal's article "The $349B Paycheck Protection Program is Unprecedented. It Also Might Not Be Enough."