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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 updated its frequently asked questions on the Paycheck Protection Program with guidance on the extended deferral period for borrower payments on PPP loans.
ICBA continues urging community bankers to call their members of Congress and enlist the support of small-business contacts on behalf of PPP forgiveness legislation.
ICBA President and CEO Rebeca Romero Rainey urged community bankers to call their members of Congress and enlist the support of small-business contacts on behalf of PPP forgiveness legislation.
The FDIC told a group of House Republicans that it is exploring options to address the impact of Paycheck Protection Program loans on bank and bank holding company asset thresholds.
The SBA issued a notice on the required procedures for changes of ownership of Paycheck Protection Program borrowers.
The IRS recently issued guidance clarifying that lenders should not file information returns or furnish payee statements to report the amount of qualifying forgiveness on PPP loans.