SBA’s Guaranty Purchases for Paycheck Protection Program Loans
… agencies and the U.S. Department of Treasury in accordance with applicable regulations, policies, and procedures; and … If the loan is not forgiven and the loan payment becomes more than 60 days past due, the lender should request a … off delinquent loans when the borrower is 60 days or more past due on a loan payment, permanently closed, bankrupt …