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AI Meets the Paycheck Protection Program: FinCEN FAQs Underscore How the Regulatory Response to the Pandemic Is Accelerating the...

The COVID-19 pandemic provides a stark reminder about the importance of responding to rapid changes in a timely and expeditious manner. In the span of a few weeks, unemployment levels have skyrocketed to unprecedented levels,...more

Federal Banking Agencies Outline Regulatory Capital Relief for PPP Lenders

In connection with the ongoing efforts of various federal agencies to implement and execute the Paycheck Protection Program (PPP) established pursuant to provisions of the Coronavirus Aid, Relief, and Economic Security Act...more

The SBA COVID-19 Response: Lenders Needed (Updated)

Update April 3: The Small Business Administration (SBA) issued an Interim Final Rule (IFR) earlier today implementing the Paycheck Protection Program (PPP). The IFR has a 30 day comment period (from the date of publication in...more

The SBA COVID-19 Response: Lenders Needed

The recently enacted CARES Act includes an unprecedented financial stimulus package focused squarely on small and medium-sized businesses, most of which have been significantly impacted from the economic fallout of COVID-19....more

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