Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on Establishing Dedicated Hours for Small Lender Submissions of PPP Applications
… their small business customers, the SBA is only accepting loans from lending institutions with asset sizes less than $1 … regardless of size, will still be able to submit PPP loans outside of this timeframe. This reserved processing … the SBA’s loan system performance for all users who submit loans outside of this time frame.” ### About the U.S. Small …