Ppp Loan 2024 Update. The revised provisioning requirement under the draft framework stipulates that during the construction phase of a project, lenders would need to set aside a. Small business administration, in consultation with the treasury department, today released a simpler loan forgiveness application for.

Act now to apply for loan forgiveness or hardship plans, avoid severe penalties. The deadline to apply for a ppp loan has been extended from march 31 to may 31, and the law extends authorization of loans to june 30 to give the small.