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News & Headlines

Addressing EIDL, PPP Forgiveness Issues

As more borrowers apply for PPP loan forgiveness, more bankers become aware of the existence of those borrowers’ EIDLs and EIDL Advances.

SBA Updates PPP FAQs to Address Payment Deferral Extension

The Small Business Administration and Treasury Department last night updated the Paycheck Protection Program FAQs to address the deferral period extension granted by the PPP Flexibility Act of 2020.

XML File Submission Process for Paycheck Protection Program

The Treasury Department and SBA are implementing a process that allows lenders that have a large number of SBA-ready PPP loan applications to make a one-time bulk submission of XML files to E-Tran.

Texas Department of Banking Announces Latest Edition of Texas Bank Report

The September 2020 edition of the Texas Bank Report with June 30, 2020, financial data is available on the Department of Banking’s website.