SBA: Business Loan Program Temporary Changes; Paycheck Protection Program-Requirements-Loan Forgiveness

The Small Business Administration has published an additional interim final rule, supplementing the previous rules for the CARES Act Paycheck Protection Program (PPP). The new rule is effective May 28, 2020 and provides guidelines on loan forgiveness policies under the PPP. Comments on the changes are due by July 1, 2020.
Source: Federal Register updates via the Rural Assistance Center - Category: Rural Health Source Type: news