The Small Business Association (SBA) last week began sending out a new questionnaire, the Paycheck Protection Program Loan Necessity Questionnaire (SBA Form 3509), to businesses that received PPP loans in excess of $2 million during the coronavirus pandemic. The agency is demanding new details about individual business operations in order to justify the aid and loan forgiveness “to maximize program integrity and protect taxpayer resources” on those larger loans. The new questions for businesses – which borrowers must complete within 10 business days of receiving it – ask for specifics on gross revenues, capital improvement projects, dividend payments and compensation, including whether any employees earned more than $250,000. Failure to complete the form may cause the SBA to determine that a business was ineligible and the agency may seek repayment “or pursue other available remedies.”