The SBA released its new interim final rule and new application forms implementing Paycheck Protection Program changes for sole proprietors and other borrowers that file IRS Form 1040, Schedule C. An SBA webinar on the updates is scheduled for today.
Key Provisions:
Resources from SBA: For Lenders: For Borrowers:
Webinar Today: The SBA is scheduled to hold a Microsoft Teams webinar on these updates at 4 p.m. (Eastern time) today, March 4. More: Additional PPP information and resources are available on the SBA and Treasury sites and ICBA's PPP and EIP News page.
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