Good News for PPP Loans Under $2 Million
On Wednesday, May 13, the SBA issued additional guidance extending an automatic safe harbor to borrowers with PPP loans less than $2 million. These borrowers are deemed to have made the required certification in good faith. This bright-line test is a relief for many who applied for loans and had concerns that some future SBA…
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Overview of SBA Loan Programs Prepared by the US Chamber of Commerce
Great overview of SBA Loan Programs Prepared by the US Chamber of Commerce.