Notes

Some Known Questions About Paycheck Protection Program (PPP) Loans - Credibly.


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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://rafaelmarrero.com/wp-content/uploads/2022/02/PPP-Loan-Forgiveness.jpg" alt="5 Banks That Are Currently Accepting PPP Loan Applications"><span style="display:none" itemprop="caption">Treasury to forgive PPP loans in response to borrower complaints- Coping with COVID-19 - ATM Marketplace</span>
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<h1 style="clear:both" id="content-section-0">The Paycheck Protection Program (PPP) - The Bank of Princeton Statements<br><iframe src="https://www.youtube.com/embed/pZX5sJ7Mc_8" width="560" height="315" frameborder="0" allowfullscreen></iframe><br><img width="437" src="https://my-cpe.com/uploads/webinar_image/image_1591438187.png"><br></h1>
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<p class="p__0">The SBA stated the new forgiveness procedure will provide lenders with minimized costs, increased effectiveness, and more prompt remittance of forgiveness payments from the SBA, while borrowers will take advantage of the ability to submit loan forgiveness applications straight through the platform and decrease the wait time and uncertainty connected with submission through their lending institution.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://securecdn.pymnts.com/wp-content/uploads/2020/04/sba-ppp-loans-covid-19.jpg" alt="SBA Says It Has Approved 1.6M PPP Loans - PYMNTS.com"><span style="display:none" itemprop="caption">Infographic] PPP Loans - A Significant, but Temporary Fix for Small Businesses - Tax Guard</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://images.squarespace-cdn.com/content/v1/5c5dd8c9bfba3e2384fd1905/1610749750717-W2FSDVQY6ZUN16HFUGZ4/PPP-SBA-Logo-Image-Recovered.jpg?format=1000w" alt="PPP Loan Forgiveness: An Important Window is Closing - Marks Paneth"><span style="display:none" itemprop="caption">Answers to PPP Loan FAQs (Now That There's Fresh Funding for the Loans) - Kiplinger</span>
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<p class="p__1">Deferment extension for OHA Appeals The current guideline for appeals of final SBA loan evaluation decisions on PPP loans provided that due to the fact that a PPP customer should start paying of principal and interest on the remaining balance of its PPP loan when the SBA remits the loan forgiveness total up to the PPP lending institution (or notifies the loan provider that no loan forgiveness is allowed), an appeal by a PPP debtor of any final SBA loan evaluation choice does not extend the deferment period of the PPP loan.</p>
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