NLBMDA Member Alert:
SBA Releases Guidance on PPP Loan Forgiveness
Today, the Small Business Administration (SBA), in consultation with the Treasury Department, issued guidance to address frequently asked borrower and lender questions concerning forgiveness of Paycheck Protection Program (PPP) loans. The FAQ guidance document can be accessed here.

Borrowers may rely on the guidance provided in this document as the SBA’s and Treasury Department’s interpretation of the CARES Act, the PPP Flexibility Act, and the PPP Interim Final Rules. 

For any questions, please contact Director of Government Affairs Kevin McKenney at