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FAQ of PPP Loans

Frequently Asked Questions (FAQ) for Lenders and Borrowers for the Paycheck Protection Program (PPP).



The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established by section 1102 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act).


This document will be updated on a regular basis: Access The Latest FAQ


Alternative Resources


We have also included a list of alternative resources to help you navigate financial questions around Paycheck Protection Program (PPP) and the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act).


Dan Bywater

VP, Specialty Finance

Ready Capital

Mike Montgomery

VP, Director of Health Strategic Markets

Live Oak Bank

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