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SBA Will No Longer Require PPP Loan Necessity Questionnaire - The National Law Forum
Advertisement In a notice sent to lenders in early July, the Small Business Administration (“SBA”) informed lenders that it is eliminating the Loan Necessity Questionnaires (the “Questionnaires”) for Paycheck Protection Program (“PPP”) loans of $2 million or greater. The SBA’s notice stated that it would no longer request either Form 3509 (for for-profit borrowers) or … Continue reading SBA Will No Longer Require PPP Loan Necessity Questionnaire
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