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SBA started approving PPP forgiveness applications and remitting forgiveness payments to PPP lenders for PPP borrowers on October 2, 2020. SBA will continue on to process all PPP forgiveness apps in an expeditious way. The put together private capital and SBA backed resources now totals $32 billion, the best from the heritage from the SBIC Debe
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Sometimes, you might be offered the choice of getting connected to a tribal lending company (“TLE”). TLEs are subject matter to tribal and specific federal regulations while remaining immune from state regulation like usury caps. For anyone who is connected to a TLE, be sure to know that the tribal lender’s costs and charges could be larger t
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