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Conversation with Senator Cramer on PPP loan forgiveness legislation

Credit unions and Leagues met with Senator Kevin Cramer (R-ND) on Friday to discuss credit union involvement in the Paycheck Protection Program and his proposed bill to forgive most PPP loans.

Policy & Issues

Latest PPP data shows strong CU support for Main Street

Credit unions facilitated tens of thousands of loans during the first round of Paycheck Protection Program (PPP) funding, according to the latest round of data released by the Small Business Administration (SBA), this week.

Policy & Issues

PPP Loan forgiveness clarity needed from SBA, Treasury

CUNA and the Leagues wrote a letter to the Small Business Administration (SBA) and the Treasury Friday to seek clarity on Paycheck Protection Program (PPP) loan forgiveness.

Policy & Issues

As SBA reopens PPP portal, CUNA responds to service outage, bulk submissions

Following last week’s passage of an additional $310 billion for the paycheck protection program (PPP), the Small Business Administration began accepting additional PPP applications from lenders early Monday. Within hours, high demand led the portal to temporarily shut down.

Policy & Issues

Co-ops need full participation in Paycheck Protection Program

Cooperative businesses must be able to fully participate in the Paycheck Protection Program created by the CARES Act, CUNA wrote to the SBA, as credit unions can make loans using the funds but, it’s unclear if they are allowed to participate in the PPP as well.

Policy & Issues

Proposed 7(a) fee increases could harm CU business lending

CUNA is concerned about a proposed increase in fees related to the Small Business Administration’s 7(a) program, particularly since it believes it could come with unintended consequences to small business borrowers.

Policy & Issues

CUNA calls for changes to SBA’s loan, affiliation proposal

CUNA is concerned about several recently proposed changes to the Small Business Administration’s regulations pertaining to Express Loans and Affiliation Standards. CUNA sent a letter to the SBA Tuesday on the proposal.

Policy & Issues

CUNA talks CU priorities for BCFP at SBA roundtable

CUNA participated in a roundtable Thursday led by the Small Business Administration's Office of Advocacy to discuss the latest Bureau of Consumer Financial Protection rulemaking agenda, which was released last month.

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Conversation with Senator Cramer on PPP loan forgiveness legislation

Latest PPP data shows strong CU support for Main Street

PPP Loan forgiveness clarity needed from SBA, Treasury

As SBA reopens PPP portal, CUNA responds to service outage, bulk submissions

Co-ops need full participation in Paycheck Protection Program

Proposed 7(a) fee increases could harm CU business lending

CUNA calls for changes to SBA’s loan, affiliation proposal

CUNA talks CU priorities for BCFP at SBA roundtable

Summer 2020

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