Loan Forgiveness is shaping up to be a huge task for lenders; Are you prepared?
An important component of the $2T Coronavirus Stimulus Program is the provision of a Paycheck Protection Program (PPP) with $350B designated to assist US small businesses in dealing with the devastating impact of COVID-19. Now, when PPP enters forgiveness phase, the number of applicants seeking relief grows at an extraordinary rate, lenders are struggling to keep up. […]