CDFIs Among PPP Lenders that Get First Call in PPP Re-Opening; SBA Issue New Guidance
As reported yesterday, the SBA will reopen the Paycheck Protection Program (PPP) next week. As a part of a call they held with trade leaders this morning, SBA and Treasury staff indicated that Community Financial Institutions (CFIs), which includes CDFIs, will be provided a brief head start for submitting loan applications, including First Draw PPP […]