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Refinance of EIDL Loans with PPP Loan Proceeds and Lender Remittance of EIDL Refinance Proceeds to SBA

Summary

Procedural notice 5000-20032 from SBA gives guidance for when Paycheck Protection Program (PPP) loan proceeds must be used to refinance SBA Economic Injury Disaster Loans (EIDL). It also informs PPP Lenders of the procedure for remitting to the SBA any PPP loan proceeds designated for the refinance of an EIDL. The notice is effective June 19, 2020, owned by the Office of Capital Access, and offered as a .pdf of 90KB. The listing was last updated July 10, 2020.

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“Refinance of EIDL Loans with PPP Loan Proceeds and Lender Remittance of EIDL Refinance Proceeds to SBA.” Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-document-page-refinance-of-eidl-loans-with-ppp-loan-proceeds-and-l-7607b3fda0/, SHA-256 38be2c89bc4cdd6302c04f17a2e94a5217d2efbdb7c088e968c38c2825034afc.

Full text

Procedural notice 5000-20032

Refinance of EIDL Loans with PPP Loan Proceeds and Lender Remittance of EIDL Refinance Proceeds to SBA

Refinance of EIDL Loans with PPP Loan Proceeds and Lender Remittance of EIDL Refinance Proceeds to SBA.

About this document and download

The purpose of this Notice is to provide guidance for when Paycheck Protection Program (PPP) loan proceeds must be used to refinance SBA Economic Injury Disaster Loans (EIDL) and to inform PPP Lenders of the procedure for remitting to the SBA any PPP loan proceeds designated for the refinance of an EIDL.

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File size: 90KB

Effective : June 19, 2020

Owned by : Office of Capital Access

Related Programs : Related programs: Disaster, PPP

Last updated July 10, 2020

File and source

File
procedural-notice-5000-20032-refinance-eidl-loans-ppp-loan-proceeds-lender-remittance-eidl-refinance-proceeds-sba.html
Size
34,674 bytes
SHA-256
38be2c89bc4cdd6302c04f17a2e94a5217d2efbdb7c088e968c38c2825034afc
Our copy
procedural-notice-5000-20032-refinance-eidl-loans-ppp-loan-proceeds-lender-remittance-eidl-refinance-proceeds-sba.html
Original
legacy.sba.gov
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