SBA Procedural Notice 5000-20038: Procedures for Lender Submission of Paycheck Protection Program Loan Forgiveness Decisions to SBA and SBA Forgiveness Loan Reviews

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The SBA document page for Procedural Notice 5000-20038, Procedures for Lender Submission of Paycheck Protection Program Loan Forgiveness Decisions to SBA and SBA Forgiveness Loan Reviews, effective July 23, 2020 and owned by the Office of Capital Access. The notice informs PPP lenders of the processes for submitting decisions on borrower loan forgiveness applications to SBA, requesting payment of the forgiveness amount the lender determined, SBA loan forgiveness reviews and payment of the amount SBA determines.

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Procedural notice 5000-20038

Procedures for Lender Submission of Paycheck Protection Program Loan Forgiveness Decisions to SBA and SBA Forgiveness Loan Reviews

This Notice is to inform Paycheck Protection Program (PPP) Lenders of the processes for submitting decisions on PPP borrower loan forgiveness applications

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The purpose of this Notice is to inform Paycheck Protection Program (PPP) Lenders of the processes for submitting decisions on PPP borrower loan forgiveness applications to SBA, requesting payment of the forgiveness amount determined by the Lender, SBA loan forgiveness reviews and payment of the loan forgiveness amount determined by SBA.

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Effective : July 23, 2020

Owned by : Office of Capital Access

Related Programs : Related programs: PPP

Last updated July 24, 2020

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