Interim Final Rule on Loan Review Procedures and Related Borrower Responsibilities
The U.S. Small Business Administration has posted an Interim Final Rule on Loan Review Procedures and Related Borrower Responsibilities which outlines the forgiveness application, the review process, the potential for denial and the appeal process. Link here.
Final Rule on Loan Forgiveness
The U.S. Small Business Administration has posted an Interim Final Rule on Loan Forgiveness which serves to codify guidance in the forgiveness application package. Link here.
Paycheck Protection Program Loans FAQs 4 – Reposted from the SBA
The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established by section 1102 of the... Read More →
BSM Presentation
BSM Presentation – PPP Loan Eligibility, Use and Forgiveness: BSM Webinar PPP Loan Eligibilty Use and Forgiveness 05-06-20
Paycheck Protection Program FAQs 3 – Reposted from the SBA
The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established by section 1102 of the... Read More →