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Paycheck Protection Program Loan Forgiveness Process Underway

Posted: August 17, 2020 | Jones Walker Category: HR - Viruses

Lenders began submitting their Paycheck Protection Program (PPP) loan forgiveness decisions to the Small Business Administration (SBA) on Monday, August 10. In its July 23 Procedural Notice, the SBA laid out instructions for lender submission of PPP loan forgiveness decisions to the SBA and SBA loan forgiveness reviews.

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