SBA Issues Interim Final Rule Implementing PPP Changes
The Small Business Administration yesterday issued an interim final rule implementing changes to the Paycheck Protection Program that were included ...
Tag: Small business lending
Meeting Needs While Stopping Misdeeds
Five lessons from past Paycheck Protection Program fraud are reshaping how banks process PPP loans and forgiveness
House Clears PPP Extension Bill
By a vote of 415 to 13 last night, the House passed an American Bankers Association-supported bill that would extend ...
Sen. Manchin Praises Bankers’ Work on PPP, Urges Bipartisan Cooperation
During the American Bankers Association’s virtual Washington Summit today, Sen. Joe Manchin (D-W.Va.) praised bankers and their work on the ...
SBA Now Accepting Second-Draw PPP Applications from 2021 First-Draw Borrowers
The Small Business Administration is now accepting second-draw PPP loan applications from borrowers who previously submitted first-draw loan applications in ...
ABA, Groups Call for Extension of PPP Application Period
As the Small Business Administration prepares to wind down the Paycheck Protection Program, the American Bankers Association and a coalition ...
SBA Updates Guidance for Lenders on Revising Schedule C PPP Applications
The Small Business Administration over the weekend updated its Paycheck Protection Program FAQs and calculation guidance documents to reflect new ...
PPP Loan Helped D.C. Business Survive Pandemic
President Biden today visited W.S. Jenks & Son, a D.C.-area hardware store that—according to Small Business Administration data—received a Paycheck ...
Fed to Extend Paycheck Protection Program Liquidity Facility
The Federal Reserve will extend its Paycheck Protection Program Liquidity Facility until June 30, 2021, the agency announced today.
Financial Trades Call for PPP Flexibility to Resolve Hold Codes, Process Outstanding Applications
As the Small Business Administration prepares to wind down the Paycheck Protection Program at the end of the month, the ...
