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 … owners with the resources and support they need to start, grow or expand their businesses, or recover from a …