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SBA and U.S. Treasury Issue Interim Final Rule on Paycheck Protection Program Loan Forgiveness | Hinshaw & Culbertson LLP - Vimarsana News

SBA and U.S. Treasury Issue Interim Final Rule on Paycheck Protection Program Loan Forgiveness | Hinshaw & Culbertson LLP

To embed, copy and paste the code into your website or blog: On December 28, 2020, former President Trump signed the Consolidated Appropriations Act. Over 5,000 pages in length, the legislation (referred to herein as the Economic Aid Act) included revisions and additions to the Paycheck Protection Program (PPP). The new PPP will: (1) accept PPP loan applications from eligible borrowers that did not receive a PPP loan under the earlier program (known as "First Draw Loans"); (2) permit qualifying businesses that received a PPP loan under the earlier program to receive a second PPP loan (known a...

Tompkins Mahopac Bank PP Funding Portal now available - Vimarsana News

Tompkins Mahopac Bank PP Funding Portal now available

Tompkins Mahopac Bank PP Funding Portal now available Written by Tompkins Mahopac Bank Earlier today, Tuesday, January 19th Tompkins Mahopac Bank’s Online Application Portal for PPP funding became available beginning at 8:00 a.m. In an effort to provide you with the best possible experience, we have included information below to help prepare you and your business. What You Can Do To Prepare Beginning today, Tuesday, January 19th, Tompkins will accept PPP loan applications from our business banking customers who maintain a business deposit or loan account (excluding credit cards) ...