SBA Clarifies PPP’s 10-Day Disbursement Window, Fee Payments
The Small Business Administration tonight issued an interim final rule providing clarity on the 10-day loan disbursement requirement under the ...
Tag: Small business lending
Bank, Credit Union Groups Call for SBA to Resolve E-Tran Problems
ABA joined eight other trade associations representing banks and credit unions of all sizes and business models today in calling ...
SBA: 475K PPP Loans Made as of Tuesday Afternoon
As of 1 p.m. today, the Small Business Administration said it had approved more than 475,000 loan applications submitted by ...
SBA Ends Bot Access to E-Tran System
The Small Business Administration has restricted the use of robotic processing automation, or RPA, to enter Paycheck Protection Program loan ...
Mnuchin: SBA to Review PPP Loans Over $2M
The Small Business Administration will conduct a “full audit” of Paycheck Protection Program loans made in amounts over $2 million ...
Banks Report E-Tran Difficulties; SBA Lowers PPP Bulk Submission Threshold
At the urging of ABA, the Small Business Administration and Treasury Department announced this afternoon that they have lowered the ...
Maryland Bank CEO Reflects on First Round of PPP Applications
With the SBA’s Paycheck Protection Program set to re-opening for applications tomorrow, a Maryland bank CEO this weekend recounted his ...
SBA Announces Measures Aimed at Smoothing Operations Ahead of Paycheck Protection Program Restart
With the U.S. Small Business Administration expecting a high volume of Paycheck Protection Program loan applications when the E-Tran system ...
SBA Issues Guidance on Calculating Max PPP Loan Size
With the Small Business Administration reopening its E-Tran system for Paycheck Protection Program applications on Monday morning, SBA last night ...
House Approves Additional PPP Funds, President to Sign Imminently
By a strong bipartisan vote, the House this evening passed legislation providing more than $320 billion in new funding for ...
