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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.
The Independent Community Bankers of America, in partnership with AIR, the Alliance for Innovative Regulation and The Venture Center, will host a virtual event for community banks featuring fintech offerings to help solve the Paycheck Protection Program loan forgiveness process.
The SBA issued an interim final rule with answers to questions on Paycheck Protection Program loan increases and disbursements as well as 1502 reporting.
ICBA's ongoing push for policymakers to provide guidance on Paycheck Protection Program loan forgiveness made headlines in the Financial Times, American Banker, Forbes, Banking Dive, and more.
The FDIC approved a proposed rule to mitigate the effects of participating in the Paycheck Protection Program and other emergency programs on deposit-insurance assessments.
ICBA is calling on the Treasury Department and Small Business Administration to provide additional guidance to community banks and their borrowers on the process for obtaining forgiveness of Paycheck Protection Program loans.
ICBA President and CEO Rebeca Romero Rainey issued a statement urging The Department of Treasury and the Small Business Administration to allow community banks access to the SBA’s Paycheck Protection Program loan processing system and to provide much needed answers to today’s technical issues with the PPP relaunch.