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Find the latest news, FAQs, agency responses, media resources, and information on hurricane preparedness, industry responses to the coronavirus pandemic, PPP lending and much more here.
The SBA on Saturday said it is working to ensure the Paycheck Protection Program appropriately accounts for the changes that businesses may have undergone since the beginning of the pandemic.
The Treasury Department announced plans to help the up to 8 million households that have not yet been able to access either round of Economic Impact Payments.
The US Centers for Disease Control and Prevention reported on Friday that 1.6 million more COVID-19 vaccines have been given out, the biggest single-day increase yet reported.
The IRS this week issued guidance clarifying that SBA payments on existing 7(a) and 504 loans under Section 1122 of the CARES Act are no longer considered taxable income to the borrower.
The U.S. reported 4,409 COVID-related deaths on Wednesday, the highest number of daily fatalities on record, according to this latest coronavirus update from FS-ISAC.
Community bankers have reported problems with NewsWatch Today links to the SBA's Paycheck Protection Program resources, including application forms and rules.
