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SBA Issues Long-Awaited Guidance On Need Certification For PPP Loans

Today, the Small Business Administration (SBA) issued additional guidance regarding the required good faith certification of need by borrowers under the Paycheck Protection Program (PPP), providing safe harbor to all...more

For Credit Unions, PPP Loans Are Low-Risk, NCUA Rule Says

The National Credit Union Administration (NCUA) issued an Interim Final Rule on April 27, 2020, regarding the treatment of loans made by credit unions under the SBA’s Paycheck Protection Program (PPP), which was created as...more

SBA Issues Interim Final Rule, Guidance For Paycheck Protection Program

On April 2, 2002, the Small Business Administration (SBA) issued an Interim Final Rule, adding to the guidance it issued previously with respect to the Paycheck Protection Program (PPP) contained in The CARES Act, which...more

SBA Issues Paycheck Protection Program Guidance

The Small Business Administration (SBA) has released its guidance with respect to the Paycheck Protection Program (PPP) contained in The CARES Act, which authorizes up to $349 billion in forgivable loans to small businesses...more

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