McWilliams: Banks Should Rely on Borrower Certifications When Making PPP Loans
FDIC Chairman Jelena McWilliams today confirmed that banks should rely on borrowers’ statements certifying that their economic need is legitimate ...
FDIC Chairman Jelena McWilliams today confirmed that banks should rely on borrowers’ statements certifying that their economic need is legitimate ...
With consumers in the economic driver’s seat, here’s a look at several key indicators of the hit they’ve taken during ...
The Small Business Administration late Friday issued an interim final rule making technical changes related to the safe harbor for ...
The number of PPP loans approved in each state in round one and two, through May 1, equals nearly half ...
As we fight back against this global pandemic, America’s banks are in the corner of our customers, business clients, employees ...
ABA today urged the Treasury Department and Small Business Administration to issue, as soon as possible, “clear, bright-line guidance” on ...
The Consumer Financial Protection Bureau today published a compliance aid to provide additional clarity regarding banks’ obligations under the Equal ...
As of 5 p.m. tonight, a total of 2.38 million Paycheck Protection Program loans had been made in the second ...
To facilitate banks’ participation in the Paycheck Protection Program Liquidity Facility and the Money Market Mutual Fund Liquidity Facility, the ...
The Small Business Administration and Treasury Department last night confirmed that Paycheck Protection Program borrowers who attempt to rehire employees ...
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