Financial Institution Letter

January 11, 2021

Banker Webinar: Basics of New Paycheck Protection Program (PPP) Loan Programs

Summary:

The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the National Credit Union Administration, and the Conference of State Bank Supervisors will host a webinar for bankers on Monday, January 11, 2021 from 2:00 p.m. to 3:00 p.m., ET, to discuss recent changes to the Paycheck Protection Program (PPP).  During the webinar, officials from the Small Business Administration (SBA) and the U.S. Department of the Treasury (Treasury) will provide an overview of the new features of the PPP associated with the recently passed Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act.

Participants must preregister for the event.

Statement of Applicability:

This Financial Institution Letter (FIL) applies to all FDIC-supervised institutions.

Distribution:

All Supervised Institutions

Read the FIL

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