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Find the latest news, FAQs, agency responses, media resources, and information on hurricane preparedness, industry responses to the coronavirus pandemic, PPP lending and much more here.
ICBA and 43 state banking associations wrote to Congress seeking more workable forgiveness loan terms under the Small Business Administration’s Paycheck Protection Program.
Community bankers across the country have worked tirelessly to deliver PPP loans quickly and successfully on behalf of thousands of small businesses. PPP loans could be a lifeline for borrowers, if the terms for forgiveness are flexible and realistic, reflecting the complexity and variability of the current business environment.
The Independent Community Bankers of America provides comment to the FDIC on a proposed rule that would mitigate the deposit insurance assessment effects of participating in the Paycheck Protection Program established by the Small Business Administration, the Paycheck Protection Program Lending Facility and the Money Market Mutual Fund Liquidity Facility established by the Board of Governors of the Federal Reserve System.
The Independent Community Bankers of America® (ICBA) today provided comprehensive recommendations for Congress to consider including in the next legislative package responding to the coronavirus pandemic
ICBA's CEO urges Congress to take into consideration recommendations developed in consultation with community bankers for inclusion in the next legislative package to address the fallout from the current pandemic on small businesses and jobs.