More PPP Interim Final Rules Released May 22
Ch-ch-ch-changes! Two more sets of Interim Final Rules for the Paycheck Protection Program (PPP) were released on Friday, May 22. The rules have continued to change since the launch of the program in April. The process has been an evolution with interim rules issued frequently. The new rules provides further guidance on the SBA loan review process as well as on borrower and lender responsibilities.
