The SBA Paycheck Protection Program: Challenges and Opportunities for Community Banks
                    
                    
                                                    Blog
                                                May 4, 2020
                        by
                        Regional Pulse Podcast
                    
                                                    
        
            
                
        
        
        
        
    
                
        
        
        
        
        
                            Laurel Sykes (EVP Chief Compliance and Risk Officer), 
Paul Abramson (EVP Chief Technology Officer, and 
Eusebio Cordova, Jr. (EVP Chief Credit Officer) continue the discussion on pandemic response. In this episode, they discuss phase 1 and phase 2 of the Small Business Administration's Paycheck Protection Program (PPP) - including setting up a portal to accept applications, reviewing and submitting completed applications to the SBA, rolling out loan documentation, and, ultimately, funding over 500 loans in four weeks.
            
    
        
    
        
            
                
        
        
        
        
    
                
        
        
        
        
        
                            
            
    
        
    
        
            
                
        
        
        
        
    
                
        
        
        
        
        
        
    
        
    
        
            
                
        
        
        
        
    
                
        
        
                
    
        
        
        
    
        
    
                    
                    
                                        
                                                                                                                                                                                                                                                                                                                                                                                    Previous: Update on Paycheck Protection Program
            
            
            
            
            
            
            
            
            
            
            
                                                                                                                                                    Next: PPP Forgiveness Underway