State Small Business Credit Initiative 2.0: Frequently Asked Questions
OCC
Monday, January 8, 2024
The OCC has issued a new set of FAQs related to SSBCI 2.0.
"These FAQs address the following topics:
- Reporting on loans to businesses owned by socially and economically disadvantaged individuals.
- Regulatory treatment for loans using certain SSBCI-supported credit enhancements.
- Considerations for loans in Indian Country.
- Community Reinvestment Act considerations."