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News/Compliance & Enforcement/Statute of Limitations for PPP and EIDL Fraud Extended to Ten Years
Expert Opinion·Compliance & Enforcement Brief

Statute of Limitations for PPP and EIDL Fraud Extended to Ten Years

Sheppard Mullin – On August 5, President Biden signed two bills into law that extend to ten years the statute of limitations for civil and criminal enforcement actions for fraud on the Paycheck Protection Program (“PPP”) and Economic Injury Disaster Loans (“EIDL”).

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