Federal Reserve facility to purchase PPP Loans

  • Blog
  • 4/7/2020
This blog is posted on behalf of my colleague Susan Sabo, financial institutions principal. On April 6, 2020, the Federal Reserve announced a forthcoming facility to purchase Paycheck Protection Program (PPP) loans from financial institutions. The PPP has evolved quickly over the last week and has faced several challenges, including hesitancy from some financial institutions […]
This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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