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PPP - IFR - Paycheck Protection Program as amended by …

SMALL BUSINESS ADMINISTRATION 13 CFR Parts 113, 120 and 121 [Docket No. SBA-2021-0001] RIN 3245-AH62 DEPARTMENT OF THE TREASURY RIN 1505-AC74 Business Loan Program Temporary Changes; Paycheck Protection Program as amended by Economic Aid Act AGENCY: U. S. Small Business Administration; Department of the Treasury. ACTION: Interim final rule SUMMARY: On April 2, 2020, the Small Business Administration (SBA) posted an interim final rule announcing the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

the Act to modify existing loan programs and establish a new loan program to assist small businesses nationwide adversely impacted by the COVID-19 emergency. Section 1102 of the CARES Act temporarily permitted SBA to guarantee 100 percent of 7(a) loans under a new program titled the “Paycheck Protection Program,” pursuant to section

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