Federal Reserve Updates Guidelines For The Main Street Lending Program
Holly Ferguson November 4, 2020
Update as of November 4, 2020: As of October 30th, the Main Street Lending Program (MSLP) has provided close to $4 billion by way of
Update as of November 4, 2020: As of October 30th, the Main Street Lending Program (MSLP) has provided close to $4 billion by way of
On October 2nd, the SBA issued a procedural notice addressing the banking procedures involved in changes of entity ownership for Paycheck Protection Program (PPP) loan
The Paycheck Protection Program Flexibility Act of 2020 extended the 6 month deferral period for Paycheck Protection Program (PPP) borrower payments of principal, interest, and
The SBA recently issued Paycheck Protection Program Interim Final Rule – Treatment of Owners and Forgiveness of Certain Nonpayroll Costs. This PPP interim final rule supplements
On August 3rd, the Financial Crimes Enforcement Network (FinCEN) issued additional guidance to financial institutions further clarifying the regulatory requirements surrounding customer due diligence (CDD)
Update as of November 4, 2020: As of October 30th, the Main Street Lending Program (MSLP) has provided close to $4 billion by way of
On October 2nd, the SBA issued a procedural notice addressing the banking procedures involved in changes of entity ownership for Paycheck Protection Program (PPP) loan
The Paycheck Protection Program Flexibility Act of 2020 extended the 6 month deferral period for Paycheck Protection Program (PPP) borrower payments of principal, interest, and
The SBA recently issued Paycheck Protection Program Interim Final Rule – Treatment of Owners and Forgiveness of Certain Nonpayroll Costs. This PPP interim final rule supplements
On August 3rd, the Financial Crimes Enforcement Network (FinCEN) issued additional guidance to financial institutions further clarifying the regulatory requirements surrounding customer due diligence (CDD)