Published Sun Oct 31 2021 viewed 107 times.
c. Can lenders rely on borrower documentation for loan forgiveness? PPP III. Temporary New Business Loan Program: Paycheck Protection Program. Can lenders rely on borrower documentation for loan forgiveness?
TruckAndTools.Com - Google News
Read full articles from TruckAndTools.Com and explore endless topics, magazines and more on your phone or tablet with Google News. TruckAndTools.Com - Google News.
PPP III. Temporary New Business Loan Program: Paycheck Protection Program
Effective Date: This rule is effective April 14, 2020.
c. Can lenders rely on borrower documentation for loan forgiveness?
Yes. The lender does not need to conduct any verification if the borrower submits documentation supporting its request for loan forgiveness and attests that it has accurately verified the payments for eligible costs. The Administrator will hold harmless any lender that relies on such borrower documents and attestation from a borrower. The Administrator, in consultation with the Secretary, has determined that lender reliance on a borrower's required documents and attestation is necessary and appropriate in light of section 1106(h) of the Act, which prohibits the Administrator from taking an enforcement action or imposing penalties if the lender has received a borrower attestation.
Reference Resource: SBA-2020-0015-0001
Comment Date: Comments must be received on or before May 15, 2020.
You spend countless hours researching disaster recovery for the citizens of your state. You research your state leadership and it's workforce on all matters associated with disaster recovery. You make it your concern to help others by providing much needed information. You take all disaster recovery issues facing homeowners today and make them your Matters Under Review. If this sounds like you, visit Matters Under Review (MUR) for more information.
Disaster Assistance by Louisiana Governors Get a Game Plan using Communications Obscurity to limit assistance
Published Mon Oct 4 2021 viewed 325 times.
Published Sun Oct 3 2021 viewed 215 times.
Why haven't you created a membership?
It costs nothing to create a membership with TruckAndTools.Com. With a membership you can browse research documents and get a weekly update sent directly to you. >> Click here to become a TruckAndTools.Com member today!
Published Wed Sep 22 2021
Published Wed Aug 11 2021
HUD CDBG-DR Grant Denied?
Did your state inform you that you qualify for federal assistance only to later deny you assistance based on state created policy or procedure? Is your home listed as being in one of the most impacted areas? Do you have proof your state accepted you into the federally funded HUD CDBG-DR grant program? Contact us about your experience.
We have hundreds of homeowners looking for experienced trade professionals. We only ask for proof you are who you say you are. It's time you publish your work, from start to finish and show details so we can all see your quality. Homeowners are sick and tired of day labor contractors. Follow this link to create your account.
Results of a Perfect Project. From one generation to the next, we know if your project is designed perfectly you will have perfect results no matter if it's 1928, 1995 or 2021.
- Sun. Oct. 31, 2021