UPDATED (5/3/20): Payroll Protection Program Loans – Frequently Asked Questions (FAQs)
Published by
Laura Sprouse
on
MAY 5, 2020
*Please seek out latest guidance on our website as this information is updated frequently*
The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established by section 1102 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Here is the latest FAQ update.