- Episode 44 – Mike Morse Law Firm Returned 2M PPP Money – Experts Weigh In
Episode 44 – Mike Morse Law Firm Returned 2M PPP Money – Experts Weigh In
In this episode, Mike Morse and Kevin Dietz sit down with Crain’s Detroit Reporter Chad Livengood and Detroit businessman Dennis Archer Jr. to talk about Mike’s recent announcement to return the $2 million his firm received through the Payroll Protection Program.
Mike answers questions about why he applied for the loan and what business looks like two months into the pandemic. Dennis shares his thoughts on the PPP loan program, Mike’s decision to give it back, how relationships with your bank affect the likelihood of getting approved, and when is the right time for restaurants to reopen.