PPP Promissory Notes, Authorizations, Affiliation, and Eligibility Interim Final Rule Summary
On the evening of April 24, 2020, the SBA released this fourth PPP Interim Final Rule (Rule). This Rule supplements the first PPP Interim Final Rule with guidance for on several important, discrete issues, summarized in separate sections below. 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 the two prior Interim Final Rules.
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