SBA’s Actions to Address Forgiven PPP Loans Subsequently Flagged as Potentially Ineligible
… ineligible loans. A hold code is an identifier placed on a loan in the agency’s system indicating a potential issue … suspects the borrower is potentially ineligible for the loan or for loan forgiveness. It is imperative that SBA … integrity. SBA was required to issue PPP regulations no later than 15 days from the date the CARES Act was enacted …