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Best Practices: Increasing Loan Defaults require Prudent SBA Lenders to Pivot Staffing from PPP to Monitoring of their 7(a) loan portfolios

With no end in sight to the COVID-19 pandemic, SBA lenders would be wise to address the rapidly rising number of small business loan failures.  While the SBA has been…
  • July 15, 2020
  • Janet M. Dery

Best Practices: Overview of the Main Street Lending Program

While most small business borrowers impacted by the COVID-19 pandemic have been solely focused on financial assistance from lenders participating in the Paycheck Protection Program, established under the Coronavirus Aid,…
  • July 8, 2020
  • Jennifer E. Borra

Best Practices: Timing of Application for Forgiveness of PPP Loan

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), was signed into law, and the Paycheck Protection Program (“PPP”) was included as part of that…
  • July 1, 2020
  • Kristen Dickey

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