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Romero Rainey: Call Congress on PPP forgiveness

Romero Rainey: Call Congress on PPP forgiveness ICBA President and CEO Rebeca Romero Rainey urged community bankers to call their members of Congress and enlist the support of small-business...

Oct 05, 2020
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Article
Advocacy Crisis Preparedness Lending

OCC issues CRA community bank resources

OCC issues CRA community bank resources The OCC issued a Small Bank Compliance Guide and other resources on its Community Reinvestment Act final rule, which took effect Oct. 1. The OCC issued a...

Oct 05, 2020
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Article
Compliance

SBA issues change-of-ownership procedures for PPP borrowers

SBA issues change-of-ownership procedures for PPP borrowers The SBA issued a notice on the required procedures for changes of ownership of Paycheck Protection Program borrowers. The SBA issued a...

Oct 05, 2020
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Article
Advocacy Lending

IRS: Lenders shouldn't report PPP loan forgiveness

IRS: Lenders shouldn't report PPP loan forgiveness The IRS recently issued guidance clarifying that lenders should not file information returns or furnish payee statements to report the amount of...

Oct 05, 2020
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Article
Crisis Preparedness