PPP Loan Increases Interim Final Rule Summary
On May 13, 2020, the SBA released this tenth PPP Interim Final Rule (Rule) supplementing previously published interim final rules by providing guidance on the ability to increase the loan amount of certain PPP loans. As a whole, the Rule supplements implementation of sections 1102 and 1106 of the CARES Act, and the SBA requests public comment on all parts of the Rule, just as it has with all prior Interim Final Rules.
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