North Dakota Bankers
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News

State Associations Raise Concerns Over ‘Burdensome’ PPP Forgiveness Application

Posted on: 5/29/2020
NDBA along with the other fifty state bankers' associations have raised concerns that the forgiveness ...
 

House Passes Bill Providing Flexibility for PPP Borrowers

Posted on: 5/29/2020
The House today passed a bipartisan bill that would provide greater flexibility for Paycheck Protection ...
 

$10B PPP Funds Allocated for CDFIs

Posted on: 5/29/2020
To help ensure that PPP funds reach all small businesses in need, the Small Business Administration ...
 

Boston Fed Releases MSLP Forms, Updated FAQs

Posted on: 5/29/2020
The Federal Reserve Bank of Boston has released several borrower and lender documents for the Fed’s ...
 

ARRC Releases ‘Best Practices’ for Libor Transition

Posted on: 5/29/2020
The Alternative Reference Rates Committee yesterday issued a set of best practices to help market participants ...
 

IRS Reminds Consumers They May Receive EIPs Via Prepaid Debit Cards

Posted on: 5/29/2020
The IRS has issued a reminder to consumers still awaiting their CARES Act economic impact payment that ...
 

Agencies Issue FAQs on Coronavirus, Community Reinvestment Act Activities

Posted on: 5/29/2020
The OCC has released a list of 13 interagency frequently asked questions related to the Community Reinvestment ...
 

SBA Releases Borrower Application, Instructions for PPP Loan Forgiveness

Posted on: 5/18/2020
The SBA and Treasury Department have released the application that borrowers must complete to have their ...
 

SBA Announces Safe Harbor for PPP Borrowers with Loans for Less than $2M

Posted on: 5/18/2020
Following the recent announcement that the SBA would review any PPP loans made in amounts exceeding ...
 

FDIC Proposes Rule to Facilitate Bank Participation in PPP, Money Market Facilities

Posted on: 5/13/2020
To help provide certainty to banks participating in the Paycheck Protection Program and its associated ...
 

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