News Archive for May 2020
Posted on: 5/1/2020
The Federal Reserve has expanded the scope of its Main Street Lending Program to accommodate more businesses ...
Posted on: 5/1/2020
In an interim final rule, the SBA said it will limit the amount of Paycheck Protection Program loan ...
Posted on: 5/1/2020
SBA will review all requests for forgiveness of PPP loans in excess of $2 million to “further ...
Posted on: 5/1/2020
With many banks moving some or all employees to remote work arrangements and accessing more cloud-based ...
Posted on: 5/13/2020
To help provide certainty to banks participating in the Paycheck Protection Program and its associated ...
Posted on: 5/18/2020
The SBA and Treasury Department have released the application that borrowers must complete to have their ...
Posted on: 5/18/2020
Following the recent announcement that the SBA would review any PPP loans made in amounts exceeding ...
Posted on: 5/29/2020
NDBA along with the other fifty state bankers' associations have raised concerns that the forgiveness ...
Posted on: 5/29/2020
The House today passed a bipartisan bill that would provide greater flexibility for Paycheck Protection ...
Posted on: 5/29/2020
To help ensure that PPP funds reach all small businesses in need, the Small Business Administration ...
Posted on: 5/29/2020
The Federal Reserve Bank of Boston has released several borrower and lender documents for the Fed’s ...
Posted on: 5/29/2020
The Alternative Reference Rates Committee yesterday issued a set of best practices to help market participants ...
Posted on: 5/29/2020
The IRS has issued a reminder to consumers still awaiting their CARES Act economic impact payment that ...
Posted on: 5/29/2020
The OCC has released a list of 13 interagency frequently asked questions related to the Community Reinvestment ...