Additional COVID-19 Resources

 

1/5/2021 - New PPP Rules

12/30/2020 - CDBA-NBA Joint Letter

12/21/2020 - Second Stimulus Bill

12/11/2020 - PPP Loans Outside Target Market

12/9/2020 - More PPP Guidance

12/2/2020 - SBA PPP Field Guide

11/2/2020 - Loan Necessity

10/30/2020 - Fed Lowers Main Street Min Size

10/28/2020 - SBA Guidance for $2m+ loans

10/20/2020 - CDBA Letter to Congressional Small Business Committees

10/16/2020 - Forgivness Platform Letter

10/14/2020 - Forgiveness FAQ

10/9/2020 - Simplified PPP

10/8/2020 - New SBA FAQ

10/2/2020 - IRS & SBA Guidence

9/29/2020 - Slimmer HEROES Act

9/22/2020 - IRS Offers PPP Guidance

9/18/2020 - Skinny Bill Defeated

9/14/2020 - PPP & Taxes

9/4/2020 - CAFS Down

8/27/2020 - SBA Webinar Registration Now Open

8/26/2020 - SBA Webinar

8/24/2020 - CDBA at CDFI Fund

8/19/2020 - PPP Fees

8/18/2020 - The Skinny Bill

8/17/2020 - Economic Distress Continues

8/14/2020 - SBA Warns of Scams

8/13/2020 - Grassley-Hassan Extension

8/11/2020 - Additional PPP Guidance

8/10/2020 - PPP Applications Closed

8/7/2020 - The Fed's Few Main Street Loans

8/6/2020 - PPP Vote-a-Rama

8/4/2020 - Updated SBA FAQs

8/3/2020 - Senate Small Business and PPP

7/28/2020 - HEALS Act Negotiations Continue

7/27/2020 - Senate Republicans Introduce Round Four Stimulus Plan

7/23/2020 - SBA Updates on PPP

7/22/2020 - Advocacy Campaign for Jobs and Neighborhood Investment Act and Fed and Treasury Virus Aid

7/21/2020 - Senator Mark Warner Introduces The Jobs and Neighborhood Investment Act

7/20/2020 - Secretary Mnuchin Testimony on PPP Loan Forgiveness and Main Street Lending Program Modifications

7/16/2020 - PPP Fee Reimbursement, Secondary Markets, and NCRC Study on Treatment of Applicants

7/14/2020 - Updated "1502 Lender Processing Fee Payment and Reporting Process" and Economic Recovery Concerns

7/13/2020 - July 15th Deadline for PPP 1502 Monthly Reports, Economic Recovery Legislation, and FHA Home Retention Measures

7/10/2020 - Senate Economic Recovery Legislation and Federal Reserve Report on COVID-19 Economic Crisis

7/9/2020 - Senate Introduces Legislation for to Make PPP Loans Under $150,000 Fully Forgiveable

7/8/2020 - CFPB Rescinds Payday Lending Rule on Borrower Ability to Repay

7/7/2020 - Media Analysis of Loan-Level PPP Borrower Data and Impact of Economic Collapse on Black-Owned Businesses

7/6/2020 - President Trump Signs PPP Extension and SBA Releases Loan-Level PPP Borrower Data

7/2/2020Bloomberg Law Recap of CDFI Efforts to Help Small Businesses

7/1/2020 - House Passes "Clean" Version of Bill to Extend PPP Program

6/30/2020 - Senate Passes Bill to Extend PPP Program Through August 8, 2020

6/29/2020 - PPP Lending Report

6/26/2020 - SBA Guidance on Calculating Loan Amounts and Treasury and SBA Write to Congress on Disclosure of PPP Borrower Information

6/25/2020 - U.S. Government Accountability Office Federal Agency COVID-19 Spending Report and Updated SBA FAQs

6/24/2020 - PPP Interim Final Rule on Borrower Eligibility and Potential Federal Digital Currency

6/23/2020 - PPP Forgiveness Interim Final Rule and Regulatory Agencies' Safety and Soundness Examiner Guidance

6/22/2020 - PPP Lending Report and FDIC Final Rule on Deposit Insurance Assessment Effects of Liquidity Facilities

6/19/2020 - SBA Launches Lender Match and Releases PPP Procedural Updates

6/18/2020 - Senate PPP Legislation and FDIC Inspector General's Report on Challenges of COVID-19 Pandemic

6/17/2020 - SBA Publishes Revised Forgiveness Application and New "EZ" Forgiveness Application

6/16/2020 - SBA Administrator Carranza Recognizes CDFIs' PPP Efforts

6/15/2020 - PPP Lending Report and EIDL Program Reopening

6/12/2020 - System Maintenance for SBA Loan Capital Access Financial Systems

6/11/2020 - News Coverage of PPP Execution and Senate Small Business Hearing

6/10/2020 - Senate Small Business and Entrepreneurship Hearing on CARES Act and FDIC MDI Study

6/9/2020 - PPP Flexibility Act Implementation Guidance

6/8/2020 - Federal Reserve Adjusts Main Street Lending Programs and Treasury Secretary Mnuchin Statement on PPP Flexibility Act

6/4/2020 - Forgiveness Calculator Tool

6/3/2020 - CDBA Members Testify in House Financial Services Committee Hearing and Senate Passes PPP Flexibility Act

6/2/2020 - Senate Support for PPP Legislation and Proposed Improvements to Main Street Lending Program

6/1/2020 - SBA Report on PPP Lending and CDBA and Inclusiv Letter on PPP Legislation

5/29/2020 - House PPP Flexibility Act

5/28/2020 - Legislation to Amend PPP and $10 Billion Set-Aside for CDFIs

5/27/2020 - SBA Debt Relief for 7(a), 504 and Microloan Program Loans

5/26/2020 - Reminder of PPP Interim Final Rule Updates and Free Loan Forgiveness Webinar

5/25/2020 - PPP Interim Final Rule Updates on Loan Forgiveness Requirements

5/22/2020 - Upcoming Legislation: House Paycheck Protection Program Flexibility Act and Senate Restart Act

5/21/2020 - SBA Interim Final Rule Updates and Legislation Easing PPP Loan Restrictions

5/20/2020 - Interagency Lending Principles for Responsible Small-Dollar Loans and OCC CRA Final Rule

5/19/2020 - Heroes Act Summary, CRA Modernization Update, and Form 1502 Deadline Extension

5/18/2020 - Federal Reserve Updates on Outstanding Liquidity Facilities and SBA Guidance on Foreign Affiliates

5/15/2020 - PPP Loan Forgiveness Application Released

5/14/2020 - Guidance on Loan Increases and E-tran Updates

5/13/2020 - Loan Forgiveness Safe Harbor for Amounts Under $2 Million and SBA Data Request

5/12/2020 - PPP Funds Return Date Extension and FDIC Proposed Rulemaking on Mitigating Effects of Participation in PPP

5/11/2020 - SBA Inspector General Report and Michigan Judge Invalidates Rule Barring Banks from PPP Loans 

5/8/2020 - Nonprofit Loan Fund PPP Ineligibility

5/7/2020 - Updated Implementation FAQs, Interim Final Rule, and Loan Data

5/6/2020 - Extended Repayment Period for PPP Borrowers and Updated Round Two Data

5/5/2020 - Liquidity Coverage Ratios Modifications and AICPA PPP Loan Forgiveness Tool

5/4/2020 - PPP Round Two Results Report

5/1/2020 - Federal Reserve PPPLF and MSLP Updates and IRS Expense Deduction Update

4/30/2020 - SBA Announces PPP-Specific Process for Form 1502 Filings and FAQ Updates

4/29/2020 - SBA and Treasury Implementation Updates on Disbursement and Seasonal Employers

4/28/2020 - PPP Relaunch Progress and SBA Prohibition on RPAs

4/27/2020 - PPP Relaunch and Democratic Congressional Leaders' Letter to SBA and Treasury

4/24/2020 - SBA Procedural Notice and Updated Interim Final Rule and FAQs

4/23/2020 - Treasury FAQs, Liquidity Facility Disclosures, and PPP Webinar for New Lenders

4/22/2020 - Agency Webinar for PPP Lenders

4/21/2020 - Extended PPP Funding Deal and SBA Borrower Debt Relief

4/20/2020 - SBA Clarifies PPP Secondary Market Sale Requirements

4/17/2020 - PPP Results Report Released

4/16/2020 - PPP Funds Exhausted

4/15/2020 - Fed Liquidity Facilities FAQs and FinTech PPP Lenders

4/14/2020 - Updated PPP Interim Rules and SBA Approvals Report

4/13/2020 - Treasury FAQs and Sole Proprietorship Eligibility

4/9/2020 - Implementation Materials, Fed Liquidity Facilities, and FinCEN Reporting

4/7/2020 - Implementation Materials and Interagency Statement on COVID-19 Borrowers

4/6/2020 - Changes to Community Bank Leverage Ratio

4/4/2020 - E-Tran Security and Lender/Borrower Applications

4/3/2020 - PPP Interim Final Rule and Fact Sheets