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News Aug. 6, 2020

New guidance addresses questions regarding PPP loans

The Small Business Administration, in consultation with the Department of the Treasury, has released new guidance to address borrower and lender questions concerning forgiveness of Paycheck Protection Program loans, as provided for under the CARES Act and amended by the Paycheck Protection Program Flexibility Act.

View the SBA and Treasury Department’s additional guidance.

A summary of PPP lending through July 31 released by SBA also is available.

View general information regarding the PPP.

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