Federal Agencies, FR Regulations & Notices

SBA Interim Final Rule with Additional Guidance on Paycheck Protection Program

10/19/20 AILA Doc. No. 20101902. Practice Management

Small Business Administration (SBA) interim final rule with guidance on the forgiveness and loan review processes for Paycheck Protection Program (PPP) loans of $50,000 or less, as well as guidance on lender responsibilities with respect to review of certain borrower documentation. (85 FR 66214, 10/19/20)

SMALL BUSINESS ADMINISTRATION

13 CFR Part 120

[Docket Number SBA–2020–0052]

RIN 3245–AH59

DEPARTMENT OF THE TREASURY

RIN 1505–AC71

Business Loan Program Temporary Changes; Paycheck Protection Program—Additional Revisions to Loan Forgiveness and Loan Review Procedures Interim Final Rules

AGENCY: U.S. Small Business Administration; Department of the Treasury.

ACTION: Interim final rule.

Cite as AILA Doc. No. 20101902.