WEBINAR| Apr 23, 2020
Ask the Regulators Webinar: Small Business Administration - How to Become a Paycheck Protection Program (PPP) Lender
The federal financial institution regulatory agencies will host an interagency webinar on April 23 at 11 a.m. ET. Please join Small Business Administration (SBA) officials for an overview of how to apply to become a Paycheck Protection Program (PPP) lender. This presentation is for federally insured lenders, credit unions, and other lenders as defined by the CARES Act and will help you understand key milestones in the process such as:
- What to expect as you apply
- Receiving approval to become a lender
- Accessing SBA loan systems
- Originating loans
- Entering applications into SBA systems
- Important items to remember and where to find additional guidance as the Paycheck Protection Program evolves
This webinar is primarily for lenders who are not currently SBA lenders but may have an interest in becoming a PPP lender. However, there will be discussion on how the process functions and where to find additional guidance on the program. There will be a brief Q&A session. Please note this webinar will provide an overview and not answer detailed policy considerations.
To accommodate the participation of as many financial institutions as possible, we ask each institution register no more than two representatives to attend the live session. We strongly encourage participants to use the webinar audio on their computer for the best experience.
Webinar materials will be archived at www.askthefed.org in the "All Calls" tab and can be accessed a few hours after the webinar ends.
April 23, 2020