Additional Guidance on the PPP Loan Forgiveness Program
The U.S. Small Business Administration in conjunction with the U.S. Department of Treasury released new guidance regarding the Paycheck Protection Program (PPP).
The interim rules can be found here:
- Interim Final Rule on Loan Forgiveness (Released May 22, 2020)
- Interim Final Rule on Loan Review Procedures and Related Borrower Responsibilities (Released May 22, 2020)