Public Inspection: SBA: Business Loan Program Temporary Changes: Paycheck Protection Program - Loan Forgiveness Requirements and Loan Review Procedures as Amended by Economic Aid Act

Pre-publication notice of interim final rule with comment period from the Small Business Administration consolidating prior rules related to Payment Protection Program (PPP) loan forgiveness and loan reviews. This interim final rule also incorporates changes made by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, including revisions to certain PPP requirements and the permission of second-draw loans. This interim final rule is effective upon publication of this notice, which is scheduled for February 5, 2021. Comments are due within 30 days of the publication of this notice.
Source: Federal Register updates via the Rural Assistance Center - Category: Rural Health Source Type: news