Tag Archive: "Forgiveness"
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Lender and Borrower Impacts of Newly Released Form 3508S
Last week’s interim final rule from SBA and Treasury introduced a new form to the PPP forgiveness process. Read on to see what it means for lenders and borrowers.
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Observations on the PPP Loan Forgiveness Process
In this blog, we share our observations on the PPP forgiveness process and additional ways to assist borrowers through this process.
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The Impact of the PPP Flexibility Act and Related SBA Releases of Updated Form 3508
The Paycheck Protection Program continues to evolve and the passage of the Paycheck Protection Program Flexibility Act of 2020 has created more questions. Here are some insights to help lenders navigate these changes.
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Reconsidering an Estimated Forgiveness Repurchase for Certain PPP Loans
his blog is being posted on behalf of my colleague, Todd Sprang, principal in CLA’s financial institutions practice. Pending legislative alterations to the forgiveness criteria for borrowers, including extension of covered periods, are positive developments for both PPP borrowers and lenders. Generally, these alterations are expected to increase forgiveness amounts and reduce or eliminate any […]