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FDIC codifies 'valid when made' doctrine
FDIC codifies 'valid when made' doctrine The FDIC issued an ICBA-supported rule codifying agency guidance that the valid interest rate for a loan is determined when the loan is made and is...
SBA updates PPP guidance on maturity dates, fishing boats
SBA updates PPP guidance on maturity dates, fishing boats The SBA updated its frequently asked questions on the Paycheck Protection Program with guidance on maturity dates. The SBA updated its...
GAO: $1.4B in stimulus payments to deceased people
GAO: $1.4B in stimulus payments to deceased people The Government Accountability Office's report on the federal COVID-19 response reported that the IRS sent nearly $1.4 billion in Economic Impact...
PPP loans continue climb ahead of deadline
PPP loans continue climb ahead of deadline Community bank Paycheck Protection Program loans continued to climb ahead of today's deadline for borrower applications, according to an SBA summary of...