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PPP: Funding updates, more guidance issued
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Banking
Tuesday, May 5, 2020
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After silence from the Small Business Administration and Treasury Department for more than three days, the agencies on Sunday finally announced the progress of Paycheck Protection Program (PPP) funding in the second round.
In addition to providing updates on how much money still was available in the PPP fund, the agencies issued more guidance in updated FAQs and an interim final rule.
Read on for all the latest on the PPP.
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