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PPP Small Business Relief

New PPP Notice Gives Borrowers Transfer Guidelines And Procedures

The provisions of the new Notice are summarized below: 1. Will Not Apply After a PPP Note is “Fully Satisfied” A PPP note is considered to be “fully satisfied” only once one of the following has occurred: The borrower has repaid the PPP note in full; The SBA has remitted funds to the bank lender […]