Finance & markets · 22/04/2020Updated: 10/17/2026 · 1 min read
Federal Reserve Exempts Certain Loans from Requirements Amid Economic Disruptions
Summary
The Federal Reserve has issued an interim final rule to exempt loans guaranteed under the Small Business Administration's Paycheck Protection Program from certain requirements due to recent economic disruptions caused by the Coronavirus Disease 2019 and current strains in U.S. financial markets.