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MBA, MLO Jobs; Marketing, Customer Service, VA, Retention Tools; FHA and VA Program Shifts

MBA, MLO Jobs; Marketing, Customer Service, VA, Retention Tools; FHA and VA Program Shifts
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Economic Aid Act – PPP Loan Program Reopened and Expanded | Ulmer & Berne LLP

To embed, copy and paste the code into your website or blog: On December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (the “Economic Aid Act”) became law. The economy continues to struggle from the effects of the coronavirus pandemic. This new law provides additional support to many small businesses. So far in the month of January alone, the Treasury Department (the “Treasury”) and the Small Business Administration (SBA) have issued over 200 pages of new interim final rules (the “Interim Rules”) and other written guidance related to modifications of the Paycheck Protection Program (PPP) by the Economic Aid Act. Except to the extent revised by the new Interim Rules, all previously announced Interim Rules and Frequently Asked Questions (FAQs) regarding the PPP continue to apply.

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