Browsing: Policy

Commercial Lending

With the Small Business Administration reopening its E-Tran system for Paycheck Protection Program applications on Monday morning, SBA last night issued guidance to help borrowers and lenders calculate and document the maximum PPP loan sizes a business may be eligible for.


The Federal Reserve tonight announced several temporary actions—which will take effect upon publication in the Federal Register—to increase the availability of intraday credit extended by the Federal Reserve Banks on both a collateralized and uncollateralized basis.

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