Community bankers can continue to use ICBA's Be Heard grassroots action center to urge policymakers to:
- Reconsider the SBA’s non-statutory requirement that 75 percent of PPP loan proceeds must be spent on retaining payroll.
- Provide a straightforward, easy-to-apply approach to loan forgiveness, such as developing a PPP loan-forgiveness calculator.
- Establish a presumption of compliance for all loans with an original balance of $1 million or less based on the borrower’s certification.
- Address the many questions that have arisen related to PPP loan forgiveness.