SBA shared the attached presentation with lenders nationwide While most of the slides in the attached are catered to lenders, there is also information on “First Draw” and “Second Draw” loans (new language SBA is using as to WHO is eligible for a PPP and, most importantly, WHEN and HOW.)
See the new LENDER and BORROWER applications that answer a LOT of our questions. Links to those applications are also in the attached.
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